As the maritime sector has vowed to halve global shipping's greenhouse gas emissions by 2050 and might even raise the target to a net zero emission goal next year, several experts suggest that a carbon pricing scheme should be implemented for bunker fuels, according to a report by S&P Global Platts.
“Many maritime stakeholders are already calling for this level of ambition to be raised to full decarbonization of the sector by the middle of the century,” said Katharine Palmer, shipping lead for the UN High-Level Climate Action Champions.
