Global Shipping and Carbon Emissions

 

In a recent article from Clean Technica...

Net-Zero by 2050: The IMO's Victory - and the Case for Less Fuel, Not More

Some significant quotes:

Shipping accounts for around 3% of total carbon emissions. (People claiming that Canada "only" contributes around 2%, therefore making us insignificant, take note).

The current American "administration" calls carbon carbon levies (think Carbon Tax) on shipping "unfair" to American shipping (the USA makes fewer commercial ships than Norway, so really?).

Global trade in fossil fuels makes up 40% of seaborne tonnage. As more countries switch to electrification, that volume will drop, drastically.

Around 15% of shipping is devoted to iron ore. As China slows down infrastructure building and switches to recycled scrap steel in electric arc furnaces located near renewable energy supplies, that 15% will drop significantly.