China, EU Bolster Greener Global Shipping to Curb Emissions

By Anna Hirtenstein (Bloomberg) -- The trillion-dollar global shipping industry may soon be forced to curb greenhouse gas emissions under new rules backed by the European Union and China. Over 200 representatives convened this week at the International Maritime Organization, the United Nations shipping supervisor based in London, to discuss regulation that could turn their … [Read more...]

ICS: Shipping Industry Remains Committed to Reducing CO2 Emissions

President Donald Trump's decision to withdraw the United States from the Paris Agreement on climate change will have no impact on the shipping industry's commitment to reduce its CO2 emissions, the International Chamber of Shipping (ICS) said Monday. With the United Nations Ocean Conference opening today in New York, the ICS is preparing to explain to the high-level … [Read more...]

Trump’s Paris Exit Sidelines D.C. for Danes Blazing Wind Trail

By Peter Levring (Bloomberg) -- For Denmark, which relies more on wind energy than any other nation on the planet, Thursday last week was a pretty bad day. The country’s energy minister, Lars Chr. Lilleholt, watched in dismay as U.S. President Donald Trump extracted the world’s biggest economy from the Paris accord, ignoring decades of science-based work that had guided … [Read more...]

Climate `Danger Zone’ Seen If Trump Pulls Out of Paris Deal

  By Jessica Shankleman (Bloomberg) -- Donald Trump wasn’t exaggerating when he said during his election campaign that the U.S. could “cancel” the Paris Accord on climate change.   A decision due from the president this week on whether to pull the U.S. out of the deal involving almost 200 nations could have a domino effect on the participation of other … [Read more...]