Global sector aims to cut greenhouse gas emissions by at least 70% by 2040
LONDON: The International Maritime Organization, overseer of the highly-polluting shipping industry, sealed a landmark deal Friday to improve its target to cut carbon emissions but green campaigners said it fell far short.
Compared with 2008 levels, the United Nations’ global shipping regulator agreed to cut total annual emissions of greenhouse gases “by at least 20 percent, striving for 30 percent, by 2030” and “by at least 70 percent, striving for 80 percent, by 2040” according to the agreement.
That compared with the prior target…
