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International Energy Environment

Trafigura proposes new levy on marine fuels to cut emissions

Revenue from the CO2-equivalent intensity benchmark-based proposal would subsidise alternative fuels and help small island developing states and developing countries

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The commodity trader and major charterer has suggested a levy of between $250 and $300 per tonne of CO2-equivalent on shipping fuels to boost the development of zero and low-carbon fuels. The revenues would be partly used to subsidise these alternative fuels

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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