Two concrete initiatives should be commenced as soon as possible to avoid green ships and projects being put on ice due to the great uncertainty surrounding green fuels and the price companies must pay for them, says Norwegian Shipowners’ Association CEO Harald Solberg to ShippingWatch.
Firstly, the money from EU quotas from the Emissions Trading System (ETS) must return to shipping in the form of aid for green initiatives. Secondly, there must be a form of price guarantee on green fuels, which are far too expensive.
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