European countries are open to quotas as well as a CO2 tax

Before the EU presents its proposal on CO2 quotas on July 14, and ahead of the IMO's decisive MEPC meeting a month before that, Denmark, Germany, France and Sweden now openly assert that fossil fuels must become more expensive.

Photo: PR / IMO

If the maritime sector is to achieve the mounting energy transition it faces, there is no getting around making fossil fuels so expensive that shipping companies instead buy alternative fuels.

This is the essence of a new proposal submitted to the IMO by Denmark, Germany, France and Sweden ahead of the Marine Environment Protection Committee's, MEPC, milestone meeting from June 10-17.

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