Friday, May 15, 2009
Friday, 15 May 2009
TANKER owners' group Intertanko has spelt out what it sees as the key guiding principles to be met by any market-based initiative to curb greenhouse gases (GHG). A statement issued after the body's council meeting at the Tokyo Tanker Event set out its stall for the debate that will pick up in the coming months as the December United Nations Climate Change Conference at Copenhagen approaches.
Intertanko says: “If the IMO decides to include Market-Based Instruments (MBIs) in its GHG regulatory package, Intertanko's It should be governed by the IMO and be specific for the shipping industry. It should be effective in contributing to the reduction of total GHG emissions. It should be environmentally sustainable without negative impact on global trade and growth. It should be efficient and credible in respect of enforcement and monitoring.”
Moreover any market-based incentive must, Intertanko believes, involve the principal stakeholders.
Intertanko’s Council decided to continue to work on the refinement of the Energy Efficiency Design Index and of the Energy Efficiency Operational Indicator and Ship Efficiency Management Plans; should include the GHG Best Practices as an Intertanko Best Practice document and develop the necessary Guidelines to assist members in implementing the measures listed.
The owners' group also decided to keep an open mind regarding further developments of all suggested market-based mechanisms, although Members stated a preference for a system built around fuel usage, and a system that does not disadvantage those who have already invested in GHG reducing measures.
The statement adds: “We will be encouraging the application by the industry of the Design Index as a tool to ensure the GHG efficiency of new ships and the Operational Indicator as a tool for stakeholders to use for the efficient GHG operation of ships in service. We will therefore be working with builders, engine manufacturers and designers on the former and with charterers, port and terminal bodies and others on the latter.”
Source: Maritime Global Net