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Climate coalition says carbon tax necessary for shipping's green transformation

Green fuels need help from a CO2 levy on fossil fuels to become competitive in shipping, states a new report indicating the political paths to the green energy transition.

Photo: PR / Kees Torn

The price of green shipping fuels must be brought on par with the price of fossil fuels to pave the way for a green transformation of global shipping by 2050, otherwise the transition won't start.

That's the message of a new report, Closing the Gap, commissioned by climate initiative the Getting to Zero Coalition with 150 member companies from the maritime, energy and financial sectors.

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