Regulation

Coronavirus slows down time frame for much-discussed CO2 fund

The industry's original plan for the billion dollar fund aimed at financing research into future fuel types has been overtaken by reality with the coronavirus outbreak. In the meantime, everyone must double their will to move forward, says John Butler, president and CEO of the World Shipping Council.
Photo: PR / Hamburg Süd
Photo: PR / Hamburg Süd
by KATRINE GRØNVALD RAUN

The coronavirus outbreak delays the original plan for the industry's own proposal for an R&D fund aimed at securing billions of dollars for research into future climate-neutral fuels.

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