Could coronavirus derail shipping’s decarbonisation agenda?
Is zero carbon shipping on the back burner, or could the economic fallout from the coronavirus pandemic actually help to drive decarbonisation as governments consider stimulus packages and investments to rebuild economic growth, re-setting the carbon trajectory in the process?
With the regulatory agenda temporarily on ice, a short-term delay to decision making timelines is now inevitable. But as the macro economic forecasts darken, boardrooms recalibrate to survival mode and governments grapple with mounting debt burdens, the momentum achieved towards zero carbon shipping in 2019 starts to look like a distant memory and indeed priority