The International Chamber of Shipping (ICS) proposes a global CO2 reduction fund to reward companies that use low-emission fuels.
On 25 October, ICS announced proposals to accelerate the shipping sector’s transition to zero carbon by financially rewarding ships and energy producers that invest in low/zero emission fuels.
In a paper to the International Maritime Organization (IMO), ICS proposes a ‘fund and reward’ system to catalyse the adoption of alternative fuels, which currently cost at least...
https://container-news.com/ics-suggests-global-co2-reduction-plan/