Shipping organizations join forces on billion-dollar CO2 reduction fund
Several shipping organizations now propose a carbon fee on fuel. Over the next ten years, this would lay the foundation for collecting USD 5 billion earmarked for research and development on measures to lower the industry's carbon footprint.
by SØREN PICO
A number of shipping organizations now band together, proposing a CO2 surcharge on fuel meant to develop into a billion-dollar fund that aims to lower the industry's carbon footprint.
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