New proposal urges governments to ‘bite the bullet’ to meet net zero 2050 targets

To help achieve net zero shipping emissions by 2050, shipping industry joins Bahamas and Liberia in comprehensive new proposal to IMO, for an annual greenhouse gas (GHG) emission fee. Revenue generated will support feebate (rewards) programme to incentivise accelerated production and uptake of zero/near-zero GHG marine fuels, plus a separate IMO Fund to be allocated …

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