“At the annual ESPO Conference, Dr Martin Stopford, President of Clarkson Research, discussed the ways in which the shipping and port industries can decarbonise to meet emissions reduction targets.”
International shipping is a huge source of carbon emissions. With millions of tonnes of carbon being produced by boats carrying cargo across our seas – reducing emissions in the shipping and port sectors is a major goal across Europe. A study1 conducted revealed that maritime transport emits around 940 million tonnes of CO2 every year – amounting to 2.5% of global greenhouse gas emissions and are set to increase by 250% by 2050.
The Paris Climate Agreement wants emissions to be reduced by 100% by 2050 – a total of net zero. If the ports and shipping industries want to meet this target, they must act now and take steps to ensure they are future ready – updating their fleets, bringing in new ships and finding alternative sources of fuel.
One focus of the European Sea Ports Organisation (ESPO) annual conference was on the decarbonisation of the port and shipping industries. At the event, Dr Martin Stopford, President of Clarkson Research, discussed the ways in which the shipping and port industries can decarbonise to meet these emissions reduction targets.
You can read below the whole article that was published in the 30th issue of Government Europa Quarterly in August 2019.