Shipping fights for billions of dollars from yet another fund
With the changes made to the EU’s proposed carbon quotas for shipping, another billion-dollar fund has come into play. Lobby group Danish Shipping says not just anyone should be able to qualify for this funding.
The fight against the shipping industry’s CO2 emissions might become a fight for the many billions of US dollars that could end up in the now two funds in play, and which will gather the enormous sums that emissions are likely going to cost in the years to come.
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