Sohmen-Pao says a significantly higher CO2 tax is needed to make ammonia attractive

It will require a CO2 tax of more than USD 270 per ton on the current fuels if ammonia is to become a competitive alternative, says Andreas Sohmen-Pao, chairman of the major BW Group.

Andreas Sohmen-Pao, chairman of the BW Group, during last year's Global Maritime Forum in Singapore, where he helped propose a CO2 tax. Photo: Global Maritime Forum

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