'The Cancun Agreements decided at COP 16 may have given new impetus to a stalled U.N. negotiating process, but will have no direct impact on continued global growth of transport CO2 emissions,' said Jack Short secretary general of the International Transport Forum, in a statement.
According to the OECD, transport is responsible for 23 percent of global CO2 emissions from fossil fuel combustion.
Short warned that political pressure is not at a sufficient level among many countries to reduce transport-related emissions. 'In some cases it may indeed wane. In practice, carbon constraints will likely not become a defining factor for transport policy for several more years,' he said.
'Crucially, lack of progress in Canc'n and the postponement of emission trading schemes in the USA and Australia means we are moving away from setting an international framework for pricing carbon,' Short said. 'For international shipping and aviation that are contemplating global market-based measures, this will translate into an increase in the cost of decarbonization.' ' Chris Gillis
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now