Trucking

Transport Group wants action on zero-emission fuel, $ 5 billion in funding for technology

Eight international shipowners’ associations representing the above 90% of the world’s merchant fleet We urge the government to act on its commitment to shipping-related climate change.

The International Maritime Organization (IMO) aims to reduce greenhouse gas emissions in the shipping industry by 50% by 2050.

It takes less than 30 years to radically change the movement of the world 90% of traded goods..

Shipping organizations are calling for action on Friday, now and jointly, on a $ 5 billion R & D (R & D) fund program to promote the development and adoption of zero-emission shipping fuels and technologies. Stated.

“We need to expand and accelerate research and development on zero-carbon technologies and fuels. But innovation is not free. To drive innovation, the industry is guaranteed US $ 5 billion free of charge by the government. It provides funding and equitable access to jobs and technologies that advance funding for all countries. So what are we waiting for? ”Industry groups said in the news. release..

Details

Proposed funds $ 5 billion
Purpose of R & D funding “Accelerate the development and introduction of zero-emission technologies and fuels for marine transportation.”
Proposed IMO monitoring program International Maritime Research and Development Committee (IMRB)
International Shipping Association Supporting Approval of Proposal BIMCO, CLIA, Intercargo, interference, International Chamber of Shipping, Intertanco, IPTA And World Shipping Council
When and where you can make a decision At a meeting of the Marine Environmental Protection Commission (MEPC) in November, the organization requested the government to approve the amendment to Annex 6 of the International Convention on the Prevention of Pollution on Ships (MARPOL).

According to the company, $ 5 billion will be collected in 10 years from the pricing of all ships of $ 2 per ton of fuel consumed. release..

IMRB will be monitored by IMO, and other stakeholders such as R & D agencies, energy suppliers and technology companies “welcome to participate in and contribute to IMRB and its work.”

IMRB can “get out of work” 10 to 15 years after implementing an R & D project that provides companies with the jump start needed to provide proven low-carbon and zero-carbon fuels and technologies in the 2030s. Expected.

“The R & D fund has been thoroughly developed over the last three years. This is the only concrete proposal on the table and may be agreed and implemented by 2023. The government , Innovation and decarbonization are right now. This is now, and IMO member states need to move forward and accelerate the necessary R & D further without delay, “said the Shipowners’ Association. Says.

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https://www.freightwaves.com/news/shipping-groups-want-action-on-5b-fund-for-zero-emission-fuels-tech Transport Group wants action on zero-emission fuel, $ 5 billion in funding for technology

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