Weather of Arabia - According to a BBC News report, the global shipping industry has agreed to achieve zero emissions "by or close to 2050" after a week of talks. As Carbon Brief's policy correspondent Josh Gabbatis pointed out in a series of tweets from the site of the negotiations in London, this agreement pledges to set contract targets for the maritime industry: a 20% cut from 2008 levels by 2030 (but "with the aim" of 30). %; 30% by 2040 (but “aiming” for 70%; 80% by 2050 (but “aiming” for “almost net zero”).
This deal was agreed upon by 175 member states of the United Nations International Maritime Organization. As 90% of global products and commodities are transported by ship, making this industry responsible for 3% of global emissions. This is roughly equal to Germany's emissions and more than the entire aviation industry.
According to a quick assessment of the agreement by the International Transport Council, "most" member states were happy with the outcome agreed upon in London. However, the new targets are not compatible with the Paris agreement's target of keeping global temperature rise below 1.5°C by 2100, although they could be compatible with limiting temperature rise to 2°C.
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