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Market-based measures for greenhouse gas emissions from ships: a review

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Market-based measures for greenhouse gas emissions from ships: a review

Author: Harilaos N. Psaraftis


Publisher: Nashwa

Publication Date: Dec 31, 2012

DOI: 10.1007/s13437-012-0030-5

Country: United States

Language: English

Keywords: Greenhouse gas emissions. Market-based measures . Emissions trading scheme . International GHG fund . Bunker levy . Energy efficiency design index

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Abstract

The purpose of this paper is to review several distinct proposals for marketbased measures (MBMs) that are under consideration by the International Maritime Organization (IMO) for greenhouse gases (GHGs). Thus far, some ten distinct MBM proposals have been submitted to the IMO. The paper discusses the general concept of an MBM, the mechanisms used by MBMs, and attempts to discuss the pros and cons of the submitted proposals, according to some specific criteria