10.4.5 European Green Deal and European Climate Law
On December 2019, European Commission (EC) announced the introduction of the
European Green Deal (EGD), which aims to boost the implementation of the Agenda
2030 and of the 17 SDGs. Europe aims to become the world’s first climate-neutral
continent by 2050 increasing the EU’s greenhouse gas emission reductions target for
2030 to at least 50% and toward 55% compared with 1990 levels (European
Commission 2019). The EGD aims at the reformation of four sectors of the economy, namely, energy, buildings, industry, and mobility. The majority (75%) of the
EU’s GHG emissions are associated with the energy sector, while transport represents 25% of EU’s GHG.
In order for a just and inclusive transition to be achieved, the European Commission commits to support companies’ transition to green and clean technologies. A
90% reduction in the transport emissions is targeted by 2050, while the supply of
sustainable alternative transport fuels (e.g., biofuels and hydrogen) is boosted and
promoted in shipping including other forms of transport, such as aviation and road
220
Voyage execution
Steam plant operational improvements
Solar panel (not shown)
Wind generator (not shown)
Speed reduction (port efficiency)
Engine monitoring
Reduce auxiliary power
Propulsion efficiency devices
Trim/draft
Frequency converters
Propeller condition
Contra-rotating propellers
Weather routing
Air cavity/lubrication
Hull condition
Kite
Gas fuelled
Electronic engine control
Light system
Fuel cells as aux engine
Speed reduction (fleet increase)
Fixed sails/wings
Waste heat recovery
Exhaust gas boilers on aux
Cold ironing
180
140
100
60
20
–20
–60
–100
0
100
200
300
400
CO 2 reduction (million tone per year)
Average marginal CO 2 reduction cost per option-World shipping
fleet in 2030 (existing and newbuilds)
Cost per ton CO
2 averted (S/ton)
500
600
700
800
Fig. 10.4 Average marginal CO 2 reduction cost per option. (Figure adapted from the study by Eide
et al. (2011). Source: Wan et al. (2018))
10 Sustainable Shipping: Levers of Change
163
On December 2019, European Commission (EC) announced the introduction of the
European Green Deal (EGD), which aims to boost the implementation of the Agenda
2030 and of the 17 SDGs. Europe aims to become the world’s first climate-neutral
continent by 2050 increasing the EU’s greenhouse gas emission reductions target for
2030 to at least 50% and toward 55% compared with 1990 levels (European
Commission 2019). The EGD aims at the reformation of four sectors of the economy, namely, energy, buildings, industry, and mobility. The majority (75%) of the
EU’s GHG emissions are associated with the energy sector, while transport represents 25% of EU’s GHG.
In order for a just and inclusive transition to be achieved, the European Commission commits to support companies’ transition to green and clean technologies. A
90% reduction in the transport emissions is targeted by 2050, while the supply of
sustainable alternative transport fuels (e.g., biofuels and hydrogen) is boosted and
promoted in shipping including other forms of transport, such as aviation and road
220
Voyage execution
Steam plant operational improvements
Solar panel (not shown)
Wind generator (not shown)
Speed reduction (port efficiency)
Engine monitoring
Reduce auxiliary power
Propulsion efficiency devices
Trim/draft
Frequency converters
Propeller condition
Contra-rotating propellers
Weather routing
Air cavity/lubrication
Hull condition
Kite
Gas fuelled
Electronic engine control
Light system
Fuel cells as aux engine
Speed reduction (fleet increase)
Fixed sails/wings
Waste heat recovery
Exhaust gas boilers on aux
Cold ironing
180
140
100
60
20
–20
–60
–100
0
100
200
300
400
CO 2 reduction (million tone per year)
Average marginal CO 2 reduction cost per option-World shipping
fleet in 2030 (existing and newbuilds)
Cost per ton CO
2 averted (S/ton)
500
600
700
800
Fig. 10.4 Average marginal CO 2 reduction cost per option. (Figure adapted from the study by Eide
et al. (2011). Source: Wan et al. (2018))
10 Sustainable Shipping: Levers of Change
163