UCL Discovery
UCL home » Library Services » Electronic resources » UCL Discovery

Policy implications of meeting the 2C climate target

Hosseinloo, SH; Smith, TWP; Walsh, C; Traut, M; Raucci, C; (2015) Policy implications of meeting the 2C climate target. In: Shipping in Changing Climates 2015. UCL Energy Institute: London. Green open access

[img]
Preview
Text
Policy implications of meeting the 2C climate target.pdf

Download (796kB) | Preview

Abstract

The inherently global nature of shipping has (certainly in the past half century) dictated the regulation of the shipping sector. Both the IMO and the ICS have affirmed their position that the regulation of shipping must, first and foremost, be the responsibility of agents at the global multilateral level. One interpretation of this is that shipping should be viewed akin to a sovereign nation in its own right. This position has significant implications for the responsibility of the sector as a whole in responding to the challenges posed by climate change. In the first instance, both the IMO and the ICS have established that the shipping industry is committed to its responsibility for reducing its carbon emissions, however it is also asserted that any response must be proportionate to shipping’s share of the total global emissions. Mitigating against dangerous climate change has conventionally been associated with maintaining temperature rise at least under a 2°C threshold, and that framing is also used in this paper. Scenarios of future shipping greenhouse gas (GHG) emissions suggest that under current policy, shipping emissions are expected to rise significantly – by 50 to 250% (IMO 3rd GHG study, 2014). This paper follows from the work of Smith et al (2015) presented in MEPC 68 that explores alternatives to the current expectations of shipping’s CO2. The shipping system model GloTraM is used to generate future scenarios up to 2050 under current policy, an imposed bunker levy, and under a cap and trade emission trading scheme with the cap set to shipping achieving a consistent proporition of the overall 2°C emission budget. The impact of these different scenarios on fuel mix, technology, EEOI and carbon price is then explored.

Type: Proceedings paper
Title: Policy implications of meeting the 2C climate target
Event: SCC Conference 2015
Location: Glasgow
Dates: 24 November 2015 - 26 November 2015
Open access status: An open access version is available from UCL Discovery
Publisher version: http://www.lowcarbonshipping.co.uk/index.php?optio...
Language: English
Additional information: This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions.
UCL classification: UCL
UCL > Provost and Vice Provost Offices
UCL > Provost and Vice Provost Offices > UCL BEAMS
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment
UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources
URI: https://discovery.ucl.ac.uk/id/eprint/1472833
Downloads since deposit
39Downloads
Download activity - last month
Download activity - last 12 months
Downloads by country - last 12 months

Archive Staff Only

View Item View Item