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International Sustainability Environment

Cost to fully decarbonise shipping close to price of meeting IMO target — UMAS

Researchers say reaching net zero in shipping would cost just $18 per tonne more than the average carbon price needed to hit IMO target of halving emissions by 2050

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Modelling by University Maritime Advisory Services shows an average carbon price of $191 a tonne is needed to reach zero emissions by 2050, while the IMO’s current target of halving emissions from 2008 levels was $173 a tonne on average

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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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