20FEB2019 - NEWS - Shipowner association BIMCO calls for fourth IMO GHG study based on realistic GDP growth

Shipowner association BIMCO has called for the Fourth International Maritime Organization (IMO) Greenhouse Gas Study based on realistic economic growth. The association proposed that the GHG study does not include unrealistically high gross domestic product (GDP) growth projections to predict future transport demand and thereby emissions of the shipping industry. The proposal has been made to the expert workshop preparing for the study, which is meeting in London 12-14 March. BIMCO argues that the Fourth IMO GHG Study should avoid scenarios 1 and 5 of the International Panel on Climate Change (IPCC) Shared Socio-economic Pathways (SSP), as these scenarios project considerably higher and unrealistic short- to mid-term economic growth than current economic trends and Organisation for Economic Cooperation and Development projections.

Published by Editor - www.Livebunkers.com at 20-Feb-2019 05:42:40 [UTC] , contact editor at editor@livebunkers.com