Dec. 16, 2010

Dec. 16, 2010

The meeting report will be posted soon.

The  presentation of this lecture can be found here

In our third technical meeting for this period, Harilaos N. Psaraftis, Professor at the
School of Naval Architecture and Marine Engineering and Director of the Laboratory for Maritime Transport at the National Technical University of Athens talked about on :

 ‘‘Market Based Measures for Greenhouse Gases: The IMO Debate’’

 The 60th session of IMO's Marine Environment Protection Committee (MEPC 60) last March decided to undertake a feasibility study and impact assessment of all the market-based measure proposals submitted in accordance with the work plan for further consideration of market based measures (MBMs). In order to fulfill the above, MEPC 60 requested the Secretary-General of IMO to establish an Expert Group on Feasibility Study and Impact Assessment of possible Market-based Measures. The scope of the Expert Group was to evaluate the various proposals on possible MBMs with the aim to assessing the extent to which they could assist in reducing GHG emissions from international shipping, giving priority to the maritime sectors of developing countries, least developed countries (LDC) and small islands developing states (SIDS). The Expert Group was chaired by the Chairman of the MEPC, Mr. Andreas Chryssostomou of Cyprus, and after three meetings and various deliberations, submitted a 300+ page report to MEPC 61 (Sep. - Oct. 2010). A total of ten (10) MBM proposals, submitted by various countries and other organizations were evaluated according to nine (9) criteria. The author was nominated to the Expert Group by the Greek Maritime Administration. The purpose of this presentation is to go over the 10 MBM proposals, present the key findings of the Expert Group, as well as the author's own position on the subject.