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Look around you–the furniture in your office or house, the electronics, the clothes you are wearing, mostly likely some of your dinner–chances are these things moved by boat. About 85% of worldwide cargo travels by ship, and so it’s no surprise that shipping is a major contributor to climate change.

According to Richard Branson’s new NGO, which is called the Carbon War Room, the global shipping fleet is the equivalent on the sixth most polluting country in the world

ships shipping shipping industry climate change

Reductions of 10 and 20 percent respectively are likely to be the European Union’s bid at UN-led climate talks in Bangkok this week.

eu shipping industry shipping planes aviation emissions cuts greenmonktv

Shipowners are backing a global carbon trading scheme that could add as much as €6 billion (£5.4 billion) in extra cost on to maritime transport and push weaker shipping companies out of business.

The proposals, announced yesterday by Britain’s Chamber of Shipping, would seek to bring the global shipping industry into a carbon trading net. The initiative, also backed by the national shipping associations of Australia, Belgium, Norway and Sweden, is intended to raise standards and stimulate technological development in an industry that has been widely criticised for its sluggishness in dealing with atmospheric pollution

maritime carbon trading shipping industry carbon emissions GreenNumbers