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Third IMO Greenhouse Gas Study 2014

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Executive Summary 19<br />

Demand for coal and oil transport has historically been strongly linked to GDP. However, because of climate<br />

policies resulting in a global energy transition, the correlation may break down. Energy transport demand<br />

projections are based on projections of energy demand in the RCPs. The demand for transport of fossil fuels<br />

is projected to decrease in RCPs that result in modest global average temperature increases (e.g. RCP2.6) and<br />

to continue to increase in RCPs that result in significant global warming (e.g. RCP8.5).<br />

Figure 12: Historical data to 2012 on global transport work for ship-transported coal and<br />

liquid fossil fuels (billion tonne-miles) coupled to projections of coal and energy demand<br />

driven by RCPs 2.6, 4.5, 6.0 and 8.5 by 2050

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