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Shipping industry group aims for net-zero emissions by 2050

Web Link : https://www.thehindubusinessline.com/economy/logistics/shipping-industry-group-aims-

for-net-zero-emissions-by-2050/article36851187.ece
 News Details
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• A major shipping industry group said that its members will aim for “net-zero” carbon
emissions by 2050, following a commitment to the same goal by the world’s airline
industry before shipping industry.
• The current target set by the International Maritime Organization, a United Nations body,
is to reduce emissions from international shipping by 50 per cent by 2050.
• Like the airline industry, which this week declared a target of net-zero carbon emissions
in 30 years, shipping companies are counting heavily on the idea that any carbon
emissions remaining by 2050 could be “offset” with natural or artificial means of
removing CO2 from the atmosphere.
• Statement given by Shipping trust “To meet the pace of climate action that science
demands, we must hold the shipping industry accountable to real, near-term progress
toward decarbonisation,”
 News Analysis and consequence
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Why:-
•Slowed climatic change.
•Air Quality.
•In the favor of Sustainable development goals.
•Regulatory compliance
•Cost saving
•Reducing emissions of greenhouse gases through better transport, food and energy-use
choices can result in improved health, particularly through reduced air pollution.
•Areas with weak health infrastructure – mostly in developing countries – will be the least
able to cope without assistance to prepare and respond.
•Climate change affects the social and environmental determinants of health – clean air,
safe drinking water, sufficient food and secure shelter.
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• https://www.thehindubusinessline.com/economy/logisti
cs/shipping-industry-group-aims-for-net-zero-
emissions-by-2050/article36851187.ece