Shipping industry

How do you decarbonise shipping?

Today Programme

BBC Radio 4

Container ships on the sea
Getty Images

The industry putting a set of proposals to its regulator, the International Maritime Organisation, for a $5bn (£3.8bn) fund to research new ways of powering ships.

According to Guy Platten, secretary general at the International Chamber of Shipping, one plan is for shipping companies to pay a compulsory levy for every tonne of fuel which is burnt.

"By changes to an existing convention about marine pollution, we can set up this fund and we can mandate that shipping companies must pay a levy.

"The accepted figure is [that the shipping industry is responsible for about] 2% [of the world's pollution].

"Obviously that is far too much and we've made a real commitment for ourselves to cutting emissions in real terms by 50% for 2050, which in reality means ships will have to get 90% efficiency savings if world trade continues to grow."

He added that research is urgently needed to develop zero-carbon fuels, as they currently do not exist.