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International IMO Environment

European nations push IMO for emissions measures by mid-2020s

An emissions levy of between $250 and $400 per tonne of CO2 equivalent could make low-carbon fuels competitive with fossil fuels, some European countries tell the IMO based on current estimates

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Denmark, France, Germany and Sweden tell IMO it needs to start negotiating measures that will incentivise the adoption of low- and zero-carbon fuels, such as an emissions levy, a cap and trade emissions system and a low greenhouse gas fuel standard, and bring them into force by mid-decade

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