The shipping industry must take responsibility for its fair share of carbon emissions in order to tackle climate change, according to global transportation conglomerate A.P. Moller – Maersk.
“Raising the ambition for global regulation remains crucial to ensure shipping’s contribution to reach the Paris Agreement’s goal of staying below 2°C temperature rise,” John Kornerup Bang, Chief Advisor on Climate Change at Maersk said.
The maritime industry emitted close to 1,000 million tonnes of CO2 in 2012, representing about 2.2% of global CO2 emissions. Depending on future development, this could rise to 15% by 2050, according to a 2016 study by the Danish Shipowner’s Association (DSA) and UCL Energy Institute.