Global shipping sector backs mandatory carbon levy to help scale greener fuels

Cecilia Keating
clock • 3 min read
Credit: iStock
Image:

Credit: iStock

‘Fund and reward’ measure could stimulate the growth of still-nascent lower carbon shipping fuel markets, according to the International Chamber of Shipping

The International Chamber of Shipping (ICS) has set out proposals for a mandatory carbon levy on ships that would see the proceeds used to incentivise the use of alternative, lower carbon marine fuels,...

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Cecilia Keating
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