MERC urges efficiency for GHG reduction

ort-related CO2 emissions are projected to increase from current levels

Efficiency measures must be applied to the existing fleet to meet IMO Mid-Term GHG reduction measures, says a new report from the Maritime Emissions Reduction Centre

The publication, ‘IMO Mid-Term GHG Reduction Measures as a Driver for Efficiency’ outlines how efficiency improvements can reduce the need for alternative low-GHG fuels, lowering the overall cost of the energy transition.

Set to be approved in April 2025 and enforced by 2027, the IMO’s mid-term measures introduce a GHG pricing mechanism and a fuel standard aimed at progressively reducing marine fuel’s GHG intensity.

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