GHG reductions. Carnival Corporation's GHG reduction goals are generally aligned with the Port of Seattle’s. The Northwest Ports Clean Air Strategy (the NWPCAS) sets a vision to phase out emissions from seaport-related activities by 2050, supporting cleaner air for our local communities and fulfilling our shared responsibility to help limit global temperature rise to 1.5ºC. The Port of Seattle GHG reduction goals include scope 1 and 2 targets to achieve an absolute reduction of 50% by 2030 from a 2005 baseline and net zero by 2040, and scope 3 targets to achieve an absolute reduction of 50% by 2030 from a 2007 baseline and carbon neutral by 2050. Carnival Corporation’s goals are to reduce scope 1 GHG emissions intensity by 20% by 2026 from a 2019 baseline and to pursue net zero by 2050. In pursuit of these goals, the Carnival Lines agree to the following:
GHG reductions. Subject to the following provisions, the annual Facility-Wide emissions of CO2e (“CO2e Cap”), from the date of commencement of commercial operation of the Facility through the end of calendar year 2025, shall not exceed 2,279,530 tons per year (“tpy”), and, thereafter, the CO2e Cap shall be reduced in amounts consistent with the GWSA mandate of at least 80% reductions of GHG from 1990 levels, as follows: Year CO2e Cap (tpy) Year CO2e Cap (tpy) Year CO2e Cap (tpy) 2016 2,279,530 2028 2,060,698 2040 1,185,370 2017 2,279,530 2029 1,987,754 2041 1,112,426 2018 2,279,530 2030 1,914,810 2042 1,039,482 2019 2,279,530 2031 1,841,866 2043 966,538 2020 2,279,530 2032 1,768,922 2044 893,594 2021 2,279,530 2033 1,695,978 2045 820,650 2022 2,279,530 2034 1,623,034 2046 747,706 2023 2,279,530 2035 1,550,090 2047 674,762 2024 2,279,530 2036 1,477,146 2048 601,818 2025 2,279,530 2037 1,404,202 2049 528,874 2026 2,206,586 2038 1,331,258 2027 2,133,642 2039 1,258,314 b. Demonstration of Compliance. In order to demonstrate compliance with the Facility- Wide CO2e Cap in each calendar year, the Facility may achieve the CO2e Cap by:
