Will the maritime sector have each own carbon budget?
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The Earth’s carbon budget is the amount of CO2 that humanity can emit while still having a chance to contain global warming within 1.5 degrees °C, as advocated by the Paris Agreement, and if you want to see how fast the Carbon Clock is ticking, you can click on the link below …
Remaining carbon budget - Mercator Research Institute on Global Commons and Climate Change (MCC) (mcc-berlin.net)
While the international shipping industry has each own carbon budget (as do all other industries), some countries such as the UK have added international shipping in their own country-wide carbon budget too. This shows how closely monitored the shipping industry is in general, noting that although shipping transports around 90% of the global trade it accounts for only 3% of the global greenhouse emissions… but still it is highly monitored…
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