EU aims to incentivise carbon capture with Net Zero Industry Act
The European Union will have an annual target for carbon capture and storage (CCS) under a new act proposed by the European Commission last month.
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The European Union will have an annual target for carbon capture and storage (CCS) under a new act proposed by the European Commission last month.
• The International Chamber of Shipping’s (ICS) Chairman Emanuele Grimaldi met with China Shipowners’ Association (CSA) in Shanghai to enhance collaboration between the ICS and China. • Emanuele Grimaldi also met with high-ranking Shanghai government officials to discuss topics at the top of China’s shipping agenda. • The meetings signify a new era of collaboration to address the shipping industry’s collective challenges, building on the already strong relationships between ICS and China.
The European Commission decided today to continue to recognise the Philippines' training and certification system. ECSA and ICS welcome this positive development, as Filipino seafarers play a central role in global shipping and in keeping trade moving.
"We are disappointed by the lack of progress on setting new levels of ambition for GHG reductions to provide shipping with a clear net zero target for 2050. But we remain optimistic that a deal can still be stuck at the crucial MEPC meeting in July. More positively, governments are increasingly understanding the value of the ICS Fund and Reward proposal to accelerate the production and uptake of low and zero-carbon fuels."
Nearly 200 nation states at the United Nations in New York have agreed final draft text for a treaty to protect high seas marine life.
Resilience is a core requirement of the supply chain, making unpredictable, large-scale natural disasters, such as the earthquake that hit Turkey and Syria in February, particularly problematic.