How to save $70 billion and create jobs
- By Helen Craig -
- May 08, 2012
The Carbon War Room has just launched a great new video which explains in simple terms, the market failures and energy efficiency opportunities within the shipping industry.
Around 90% of the world's goods are moved through maritime shipping and although it is a highly efficient form of transport, there are plenty of energy efficiency measures that could be taken advantage of. Savings of up to $70 billion dollars a year could be made by introducing a range of existing energy saving technologies onto ships – which in turn would create jobs in dockyards across the world and could lower the price of products.
However, due to a lack of information on ship performance, retailers don’t know if they are chartering fuel efficient or inefficient vessels. This is where the Carbon War Room come in! ShippingEfficiency.org enables anyone with access to the internet to tell an efficient, low-emission ship from a less efficient one, for the first time. Using a simple search function, users can pull up an A to G rating for around 60,000 existing ships, including the majority of the world's container ships, tankers, bulk carriers, cargo ships, cruise ships and ferries.
The War Room is now working with big retailers to embed efficiency requirements into their agreements with ship-owners – and select only A or B grade ships.
To find out more about the Carbon War Rooms shipping operation visit www.carbonwarroom.com/news/shipping.
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