Emissions levy proposal is a major turning point for shipping
The new call for a $100 levy per tonne of CO2 equivalent that every ship emits will change the trajectory of shipping's decarbonisation, regardless of whether it is successful or not
Industry groups are welcoming the call for a market-based measure to be imposed on shipping, but are not committing to whether they support the proposal for a $100 levy per tonne of CO2 equivalent by 2025