India's draft resolution on biofuels at the 80th session of the MEPC of International Maritime Organisation was on Tuesday referred to the Working Group for its consideration and finalisation.
The draft Maritime Environment Protection Committee (MEPC) resolution put forward a biofuel certified by the International Certification Scheme to confirm the sustainability aspects in the Life Cycle Assessment guidelines are being assigned a CO2 emission conversion factor as zero.
The resolution is aimed at facilitating the uptake of biofuels and reducing GHG emissions and was taken up for discussion in the plenary on Tuesday.
India welcomed the decision of the Chair to refer the draft resolution to the Working Group for its consideration and finalisation.
"We believe India would be able to reason out our position on the need of this Resolution to encourage uptake of Biofuels," said Ajithkumar Sukumaran, Chief Surveyor-cum-Additional Directorate General, Ministry of Shipping, representing India at the summit.
The US on Monday became the only country to halt the adoption of an MEPC resolution on biofuel put forward by India at the MEPC session here, demanding further discussions on the matter before recommending it to a working group on air pollution and energy efficiency to finalise the resolution/circular.
While presenting its case, the US stated that no preferential advantage should be given to a particular technology, demanding the IMO to finalise interim guidelines about Life Cycle Assessments on sustainability.
The UK and Canada shared the concerns raised by the US and urged the IMO to finalise the interim guidelines before adopting the resolution.
Thanking Germany, France, and Norway, who supported the resolution and reiterated that it should be considered an immediate requirement, India said that it is working with these countries on an amended resolution/circular, taking into consideration the concerns expressed by some other delegations.
Sukumaran said it would be advantageous to India if it could finalise the resolution/circular in the current session.
He said that India has already operated 11 ships using biofuel and is ready to expand its use in its shipping industry.
India has a "good potential to emerge as a future biofuel supplier even to the international shipping market," he said.
"It's definitely promising for the shipping industry in India, and we wholeheartedly welcome the use of biofuels," CPK Kashyap, Executive Director, Operations, Sanmar Shipping Limited, told PTI.
India is looking to take a leadership position as a potential biofuel supplier to the shipping industry, and the objections from other countries could be because of their commercial interests in developing other green fuels, sources said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)