Decarbonising shipping

Paul Hickin from S&P Global Platts looks at how shipping can meet decarbonisation targets Shipping’s efforts to meet decarbonisation targets will be both extremely easy and very tough. Near-term regulations look achievable while potentially shifting 2050 limits look more like ambitions than credible goals. Shipping will have to balance these competing challenges. The International Maritime Organization (IMO) agreed in its initial greenhouse strategy 2018 to reduce the carbon intensity in the global fleet by 40% in comparison to 2008 levels by 2030 and to reduce greenhouse gas emissions by 50% by 2050. There had been talk that the IMO would […]