Carbon Regulation to Impact Shipping Industry
According to Siglar Carbon, the cost of carbon requirements for the shipping industry is expected to exceed $50bn by 2030.
The cost of carbon requirements is currently set to exceed $50bn.
This significant cost implies that ship emissions must be considered in all commercial decisions going forward.
A global climate agreement by the IMO will mark the beginning of a new era for the shipping industry, regardless of its adoption.
For full access to the article, a subscription to ShippingWatch is required.
Author's summary: Shipping industry faces $50bn carbon cost.
More News
- The Erie Canal: How A ‘Big Ditch’ Transformed America’s Faith
- Fixing Intel Foundry Is Like Stopping Tripping Down The Stairs
- Indian-Origin Man in New York Arrested for Allegedly Stealing $50,000 While Holding Two Jobs, Faces 15 Years in Jail - The Logical Indian
- Flawless Bayern Munich post historic win at Borussia Mönchengladbach
- Holy Cross stays perfect as Indians romp to their first-ever district title - NKyTribune
- Ipswich Town must rue their summer turnover as former stars thrive in the Championship: Opinion News: The72 - Football League News
- OpenAI's New Browser Raises 'Insurmountably High' Security Concerns
- Jade Cargill Turns HEEL On SMACKDOWN In Brutal Attack On WWE Women's Champion Tiffany Stratton
- Owens: Stones and change | Robesonian