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Saturday, Dec 3, 2022
Mugglehead Magazine
Alternative investment news based in Vancouver, B.C.

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Canada and U.S. unveil Green Shipping Corridor Network Initiative for St. Lawrence

The initiative will impact the Great Lakes, St. Lawrence Seaway System extending over 3,700 km through North America

Canada and U.S. unveil Green Shipping Corridor Network Initiative for St. Lawrence
Seaway operations control centre, St. Lambert, Québec. Photo via Great Lakes St. Lawrence Seaway System.

Canada and the United States have come to an agreement regarding the future of a major commercial waterway running through both countries.

The agreement for a so-called Green Shipping Corridor Network Initiative in the Great Lakes, St. Lawrence Seaway System was achieved at the COP27 United Nations Climate Change Conference this year and announced by Transport Canada on Monday.

Through the new initiative, Transport Canada, the U.S. Department of Transportation and the U.S. Department of State will work with provincial and state governments, Indigenous groups in both countries, local communities, private-sector figures and non-governmental leaders to facilitate consultations with ports and other stakeholders while establishing the corridor network.

Read more: U.S. and UAE sign clean energy agreement to move away from fossil fuels

Read more: WestJet launches flight program with sustainable aviation fuel

The Great Lakes, St. Lawrence Seaway System is a commercial waterway containing over 110 ports that stretches through North America. Over 200 million tons of freight travel on the 3,700+ kilometre stretch every year.

Transport Canada says “green” shipping corridors are essential for promoting the adoption of zero-emission technologies and fuels that will allow the shipping sector to achieve its goal of preventing global temperature from rising more than 1.5 degrees celsius.

The organization also says the new initiative will enable Canada and the U.S. to establish various green corridors throughout the region by convening stakeholders and assisting with analyses and assessments related to alternative energy, fuel and power options.

According to Transport Canada, the initiative adds to work that had been previously launched under the “joint statement by the U.S. Department of Transportation and Transport Canada on the Nexus between transportation and climate change” that was issued at the end of February last year.

The organization says the two governments view the initiative as a critical element in accelerating the development of infrastructure and fuels required to facilitate a transition to environmentally conscious shipping on both sides of the border while creating the necessary jobs to make the so-called green development a reality.

Lastly, Transport Canada says the initiative might expand to aid green shipping corridors running along the coasts of both countries, leverage the knowledge and experience from other similar initiatives around the globe and assist with regional and global efforts that are well underway already.

Canada and U.S. unveil Green Shipping Corridor Network Initiative for St. Lawrence

Photo via Great Lakes St. Lawrence Seaway System.

 

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