The International Maritime Organization is considering a $100/tonne levy on ships' CO2 emissions. Funds would finance alternative fuel networks. Maersk, who has been particularly vocal about the need to move, estimates it would add 10 cents to pair of sneakers. Wall Street Journal has the full story but the detail is behind a paywall and starts out:
The International Maritime Organization is mulling a new tax on shipping to help build a global network of alternative fuel stations for vessels and subsidize developing countries facing higher export costs.
The proposal calls for charging vessel operators $100 for each metric ton of carbon dioxide emitted per trip. The shipping regulator said the levy could raise around $1 trillion over the next three decades, according to a World Bank study submitted to the IMO in September.
It shouldn’t come as a surprise, the IMO has been working on a number of ways to curb the outrageous pollution caused by world shipping for some time.
...a reduction in carbon intensity of international shipping (to reduce CO2 emissions per transport work, as an average across international shipping, by at least 40% by 2030, pursuing efforts towards 70% by 2050, compared to 2008); and that total annual GHG emissions from international shipping should be reduced by at least 50% by 2050 compared to 2008.
Maersk, one of the world's biggest shipping lines, has been busy in other ways. Says Søren Skou, CEO of A.P. Moller-Maersk:
...we are embracing the [decarbonising] challenge, working on solving the practical, technical and safety challenges inherent in the carbon neutral fuels we need in the future. Our ambition to have a carbon neutral fleet by 2050 was a moonshot when we announced in 2018. Today we see it as a challenging, yet achievable target to reach,”
Maersk will take delivery of its first carbon-neutral ship in 2023, seven years ahead of schedule. While the vessel will be able to operate on standard fuels, the plan is to operate the vessel on carbon neutral e-methanol or sustainable bio-methanol from the start.
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