The ocean is taking up ever-increasing levels of carbon dioxide and the resulting ocean acidification seriously threatens ocean health. Back to Blue, an initiative of Economist Impact and The Nippon Foundation, calls for governments to implement action plans.
Shipping join the EU's Emission Trading Scheme
Since introducing the EU’s Emissions Trading System (EU ETS) in 2005, the EU say the scheme has helped reduce greenhouse gas emissions from power and industry plants by 27%. With large ships (gross tonnage of 5,000 and higher) now in the scheme, the EU hopes to see similar success in the shipping industry.