IMERSInternational Maritime Emission Reduction Scheme (non-profit organization)
Copyright 1988-2018, All rights reserved.
References in periodicals archive ?
IMERS could provide a global fund worth $11 billion annually for climate change measures in the developing world and to fund technology to reduce ship emissions.
IMERS has been made more "US-friendly" in the hope that America will lead its introduction in the coming months.
Developing countries have been more receptive to IMERS than European nations, where Stochniol said the idea had become bogged down by bureaucracy.
Stochniol is financing IMERS out of his own pocket, although he will meet with potential investors this week.
Delivery of goods to developing nations outside the UN's Annex-1 list of developed countries (see box) is excluded from IMERS. "Worldwide, the Annex-1 share of unloaded goods is 60%," says Stochniol.
The revenues generated from IMERS would be collected by a "supranational" body and given to developing nations, rather than being collected by governments.
He resigned from a consulting business to pursue the IMERS scheme.
The development of IMERS has taken him, appropriately enough, around the world.
However, there are established procedures for checking over an IMER loaded with Mk-76s.