Shipping must stay the course and agree on effective climate measures, including a pollution price

A year after the UN’s shipping body agreed to cut emissions from the sector by at least 50% by 2050, a meeting of the International Maritime Organisation in London failed to deliver concrete measures to achieve this goal – a course that must be corrected at the next session. Carbon pricing will play an important …

Why we need a pollution price for shipping

Earlier this month, the 173 member countries of the UN’s International Maritime Organisation (IMO) agreed to cut emissions from ships by 50% below 2008 levels by 2050 and pursue efforts to phasing them out completely. An effective carbon price, combined with short-term operational and technical measures, will help unlock the huge potential for pollution-free shipping. …