levy
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Decarbonization
IMO progress and GHG levy momentum increases the imminence of the endgame for shipping’s use of fossil fuels
The MEPC 81 meeting concluded on 22nd March 2024, further clarifying the risk and opportunity both for the international shipping…
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Decarbonization
IMO’s 2030 and 2040 GHG reduction targets now explicitly linked to fuel standard, whilst momentum builds on a universal GHG price (levy), but all options remain on the table
The Sixteenth Meeting of the Intersessional Working Group on Reduction of GHG Emissions from Ships has just concluded with some…
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Decarbonization
Wave of Caribbean nations shift balance on a global carbon levy on shipping at UN
Small Island states have ramped up pressure for the adoption of a global carbon price on international shipping, in this…
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