Shipping needs time to phase in carbon indicators, says ICS
Regulators pushing too hard to enforce carbon intensity indicators could expose the market to distortions. Not all contributing factors to emissions are within the control of each ship out at sea, the ICS says
The punitive proposal from the EU states may put the health of a currently functional shipping industry at stake, the ICS says. The association of shipowners is arguing instead for a phased implementation of carbon intensity indicators, adding that it will help to avoid potential market distortions
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