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Green Maritime Transportation: Market Based Measures

In: Green Transportation Logistics

Author

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  • Harilaos N. Psaraftis

    (Technical University of Denmark)

Abstract

The purpose of this chapter is to introduce the concept of Market Based Measures (MBMs) to reduce Green House Gas (GHG) emissions from ships, and review several distinct MBM proposals that have been under consideration by the International Maritime Organization (IMO). The chapter discusses the mechanisms used by MBMs, and explores how the concept of the Marginal Abatement Cost (MAC) can be linked to MBMs. It also attempts to discuss the pros and cons of the submitted proposals.

Suggested Citation

  • Harilaos N. Psaraftis, 2016. "Green Maritime Transportation: Market Based Measures," International Series in Operations Research & Management Science, in: Harilaos N. Psaraftis (ed.), Green Transportation Logistics, edition 127, chapter 0, pages 267-297, Springer.
    • Handle: RePEc:spr:isochp:978-3-319-17175-3_8
    DOI: 10.1007/978-3-319-17175-3_8
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    Citations

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    Cited by:

    1. Harilaos N. Psaraftis, 2019. "Speed Optimization vs Speed Reduction: the Choice between Speed Limits and a Bunker Levy," Sustainability, MDPI, vol. 11(8), pages 1-18, April.
    2. Harilaos N. Psaraftis, 2019. "Speed optimization versus speed reduction: Are speed limits better than a bunker levy?," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 21(4), pages 524-542, December.
    3. Mohamad Issa & Adrian Ilinca & Fahed Martini, 2022. "Ship Energy Efficiency and Maritime Sector Initiatives to Reduce Carbon Emissions," Energies, MDPI, vol. 15(21), pages 1-37, October.
    4. Gu, Yewen & Wallace, Stein W. & Wang, Xin, 2018. "Can an Emission Trading Scheme really reduce CO2 emissions in the short term? Evidence from a maritime fleet composition and deployment model," Discussion Papers 2018/10, Norwegian School of Economics, Department of Business and Management Science.
    5. Pierre, Cariou & Francesco, Parola & Theo, Notteboom, 2019. "Towards low carbon global supply chains: A multi-trade analysis of CO2 emission reductions in container shipping," International Journal of Production Economics, Elsevier, vol. 208(C), pages 17-28.
    6. Harilaos N. Psaraftis, 2019. "Decarbonization of maritime transport: to be or not to be?," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 21(3), pages 353-371, September.
    7. Jiali Zheng & Han Qiao & Shouyang Wang, 2017. "The Effect of Carbon Tax in Aviation Industry on the Multilateral Simulation Game," Sustainability, MDPI, vol. 9(7), pages 1-24, July.
    8. George Panagakos & Thiago de Sousa Pessôa & Nick Dessypris & Michael Bruhn Barfod & Harilaos N. Psaraftis, 2019. "Monitoring the Carbon Footprint of Dry Bulk Shipping in the EU: An Early Assessment of the MRV Regulation," Sustainability, MDPI, vol. 11(18), pages 1-19, September.
    9. Patrizia Serra & Gianfranco Fancello, 2020. "Towards the IMO’s GHG Goals: A Critical Overview of the Perspectives and Challenges of the Main Options for Decarbonizing International Shipping," Sustainability, MDPI, vol. 12(8), pages 1-32, April.
    10. Ghaforian Masodzadeh, Peyman & Ölçer, Aykut I. & Ballini, Fabio & Christodoulou, Anastasia, 2022. "How to bridge the short-term measures to the Market Based Measure? Proposal of a new hybrid MBM based on a new standard in ship operation," Transport Policy, Elsevier, vol. 118(C), pages 123-142.

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