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Reality bites as green agenda takes hold

Oct09
2023
Posted by XS Editor

As green as we’d like to think of our sport, competing beyond the local level is hardly clean. And lately, its been pretty costly, particularly when putting a boat on a ship for transport.

Futuristic stories of transport ships with wing sails have transitioned to realistic objectives, perhaps to help both needs, but changes to this industry are coming. Lloyd’s List editor-in-chief Richard Meade shares the clairvoyant content from his crystal ball:

That faint whirring you can hear in the background right now is not the air con on the blink — it’s the sound of mental cogs grinding as the industry collectively runs through the mental calculations and reviews long-held assumptions about what happens next.

There is a recalibration happening in the minds of governments and, some, executives as they start to clock that decarbonization is not just a press release and real problems are about to start really hurting much sooner than they expected.

Widespread complacency based on the 2018 initial greenhouse gas strategy of the International Maritime Organization (IMO) is evaporating and, in some quarters, mild panic is setting in. Once the rest of them catch up, that panic is going to be more audible.

Conceptually, most understand that the IMO’s revised climate strategy creates a very clear onus for a rapid and strong upwards revision of corporate, national and regional actions…

Read more on Scuttlebutt

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