Shipping needs at least $1-trillion to clean up its act
Huge investment in technology required to meet UN targets for cuts in carbon emissions, new study reveals
20 January 2020 - 16:24
London — At least $1-trillion of investment in new fuel technology is needed to enable the shipping industry to meet UN targets for cuts in carbon emissions by 2050, a study published on Monday showed.
The global shipping fleet, which accounts for 2.2% of the world’s carbon dioxide emissions, is under pressure to reduce those emissions and other pollution. About 90% of world trade is transported by sea...
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