Today’s Solutions: January 21, 2022

As the volume of goods traded across the world continues to increase, emissions from container ships are becoming a more prevalent source of pollution. In an effort to transition to industry towards a greener future, the International Maritime Organization (IMO) has proposed a regulation that would make ships pay for their emissions.

Proposed at an IMO meeting in June by the Marshall Islands and the Solomon Islands, the new policy would charge shipping companies $100 for every metric ton of carbon dioxide they emit, starting in 2025. The system would be tiered, increasing the charge per ton every five years to eventually force the entire industry to transition to renewable options like ammonia and hydrogen fuel cells.

The market-based approach would incentivize companies to adopt more sustainable practices, but it would also free up funding for climate-vulnerable countries, like island nations, to build climate-resilient infrastructure. Some countries already implement similar small-scale schemes. Norway, for example, charges ships a tax on emissions of harmful air pollutant nitrogen oxides and uses the funds to invest in pollution-reducing measures such as constructing battery-powered ferries.

Currently, the shipping industry is responsible for three percent of global emissions, and the IMO hopes this new policy, if approved, would contribute towards their goal of reducing emissions by 40 percent by 2030, compared to 2008 levels. The IMO is expected to vote on the measure in their meeting in October.

Solutions News Source Print this article
More of Today's Solutions

This solar panel covered building reflects Taiwan’s green energy transition

Most projects designed by the Dutch architecture firm MVRDV tend to leave a lasting impression on whoever lays their eyes on them. The company's upcoming project, Sun Rock, is no exception. Designed for Taiwan’s government-owned ... Read More

Why you shouldn’t peel all your vegetables

In her book, Zero Waste Home, Bea Johnson reveals that she doesn’t own a vegetable peeler. As a result, “food prep is much faster, my compost output (peelings) is considerably reduced, and we benefit from ... Read More

This online sex shop serves people living with and beyond cancer

Being diagnosed with, receiving treatment for, and surviving cancer are all incredibly impactful experiences that affect all areas of a person’s life—including sex. Many people aren’t comfortable bringing up these two sensitive subjects in casual ... Read More

Zebrafish brains reveal new information about our memories

It seems like we're writing about fish a whole lot lately! Last week, we featured an article about goldfish learning to drive. This week, zebrafish, a species studied for their relatively long lifespans, are helping ... Read More

These sustainably powered homes can raise families out of poverty

Finding and sharing positive ways to tackle the world’s challenges is our favorite activity at The Optimist Daily, so it’s no surprise that we are especially excited about BillionBricks and Architecture Brio’s PowerHyde solar homes, ... Read More

5 reasons that secrets sour relationships & how to break the secret-keep...

According to a 2018 study, published in the Personality and Social Psychology Bulletin, people on average keep around 13 secrets at a time, five of which have never been revealed to anyone. It’s worth mentioning ... Read More