Does the shipping industry’s plan for net zero add up?
Shipping accounts for 3 per cent of global greenhouse gas emissions
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Excess emissions from international shipping will be subject to a hefty carbon charge under a new plan to decarbonise the sector agreed earlier this month.
The agreement is a “momentous outcome” that sets the framework for the shipping industry to deliver on its promise to reach net zero emissions, says Nishatabbas Rehmatulla at University College London.
“We’ve got here something that is unprecedented, a global carbon price for a sector,” he…
