Climate Change

Source: National Geographic - GIANT SHIPS LURKED off the California coast for weeks in April and May, their bellies full of up to 20 million barrels of oil. This floating cache, enough to support the energy needs of the entire U.S.

Source: Seas At Risk - "As the Covid-19 pandemic continues, governments around the globe are preparing significant financial stimulus packages and bailouts. These funds will provide immediate relief to stave off the collapse of some badly hit businesses and industries and protect the incomes of workers at risk of lay-off or unemployment.

7/2/2018 Source: Transparency International - Transparency International offers recommendations to address key vulnerabilities.

17 Nov 2017 - Adopting IMO’s initial strategy is critical, but it must be an ambitious one, writes Marshall Islands president Hilda C Heine from the Bonn climate talks

Heine: “Ambitious climate action and sustainable growth of the shipping sector are both possible.”

Brussels, 27 April 2016

While the shipping industry is in a state of chaos the International Monetary Fund (IMF), responding to the December 2015 Paris Agreement on climate change, proposes to bleed the industry just a little by imposing a carbon tax on CO2 emissions. To quote the report's Executive Summary "Substantial amounts could also be raised from charges on international aviation and maritime fuels.

Thanks to Bryant's Maritime Consulting blog for the following which we found of interest - especially the Conclusions section.

From the blog: