Trafigura proposes new levy on marine fuels to cut emissions
Revenue from the CO2-equivalent intensity benchmark-based proposal would subsidise alternative fuels and help small island developing states and developing countries
The commodity trader and major charterer has suggested a levy of between $250 and $300 per tonne of CO2-equivalent on shipping fuels to boost the development of zero and low-carbon fuels. The revenues would be partly used to subsidise these alternative fuels
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