World shipping industry agrees to halve carbon emissions by 2050
April 13, 2018 by Dario Thuburn
Members of the UN International Maritime Organisation on Friday struck a deal to halve carbon dioxide emissions from shipping by 2050 in a deal that will force the industry to redesign fleets.
"The initial strategy envisages for the first time a reduction in total GHG (Greenhouse Gas) emissions by at least 50 percent by 2050 compared to 2008," the IMO said in a statement.
Major shipping nations such as Saudi Arabia and the United States had objected to earlier drafts in two weeks of discussion at the 173-member organisation based in London.
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