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ARTICLE · 21 APRIL 2009

Trade & Transport Bulletin - Shipping And Climate Change Impacts

Climate change is a significant issue for the shipping industry in Australia and worldwide.

AustraliaTransport
Leilani Kuhn
Leilani Kuhn

SHIPPING, THE CPRS AND CLIMATE CHANGE IMPACTS

Climate change is a significant issue for the shipping industry in Australia and worldwide. Growing media scrutiny following policy initiatives by the International Maritime Organisation, the proposed Australian Carbon Pollution Reduction Scheme (CPRS), an inquiry looking at coastal shipping and incidents such as the recent Moreton Bay oil spill, means the industry is being called upon to take immediate action.

At present, CO2 emissions from international shipping amount to less that 3% of the total world's emissions from all sources.1 This is a very modest contribution, but in recent years shipping has been targeted by the media with the perception that, collectively, ships emit as much CO2 as some individual industrialized countries.

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