World Bank calls on policy makers to cut support for LNG bunkering
The damning report by the World Bank undermines the value of liquefied natural gas bunkering-related investments and adds another major obstacle to LNG proponents, who despite the fuel's undeniable growth are in a battle to improve its public perception
A new report by the World Bank sees only a limited role for LNG as marine fuel as shipping achieves mid-century decarbonisation goals. Policy makers should curtail existing support and avoid new support for LNG bunkering, according to the bank