Not ship shape: Global fleet on course to produce double the emissions permitted under a 1.5C carbon budget

clock • 4 min read
Credit: iStock
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Credit: iStock

New study warns $400bn of investment could be at risk, as it urges shipping investors to prepare for the net zero transition or face the 'premature scrapping' of over a third of the global fleet

The global shipping fleet is on course to smash through emissions targets, unless over a third of the world's existing and ordered vessels - together worth more than $400bn - are quickly upgraded to include...

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