Shipping drifts off net-zero course without carbon levy -study

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The global shipping industry is on course to see its greenhouse gas emissions rise by around a fifth by 2050 if action including introducing a carbon levy on fuel is not taken, new research shows

The Maersk Line container ship Maersk Batam sails in the Bosphorus, on its way to the Mediterranean Sea, in Istanbul, Turkey August 10, 2018. REUTERS/Murad Sezer

However, decarbonisation over the next three decades would in fact be possible if action, including a global carbon levy on shipping fuels, is taken to ensure that zero and low carbon fuels become economically viable and competitive to fossil fuels, he said. Leading shipping associations in September proposed creating a global levy on carbon emissions from ships to help speed up the industry's efforts to go greener and submitted a proposal to the UN's shipping agency, the International Maritime Organization.

The Maersk Mc-Kinney Moller Center for Zero Carbon Shipping said such a levy could be introduced initially at as low as $50 per ton of CO2, with the revenue raised being earmarked for first-movers in the industry to incentivise research and development of alternative fuels. "You then have 99% running on fossil fuel and they are paying for the 1% that are starting to run on the green fuels," Cerup-Simonsen said.The Copenhagen-based non-profit centre was founded last year with funding by shipping giant A.P. Moller-Maersk's

 

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Seriously who is doing this so called research

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