Maersk counts on the International Maritime Organization being able to ratify a CO2 levy, or tax, that will render sailing on fossil fuels so expensive that shipping companies choose alternative fuels.
In that regard, it suits the world's largest container carrier's agenda quite well that the EU is preparing to expand its CO2 quota system, which equates to a tax and basically has the same purpose, namely to expedite the shipping industry's transition to fuels such as ammonia or hydrogen.
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