Shipping Industry Faces $3.6 Billion Climate Bill

Capt. John

Ships sailing to European ports face a combined carbon emissions bill of $3.6 billion next year, the start of a levy that’s almost certainly going to rise as the continent steps up efforts to combat climate change, says an article published on bloomberg website.

Overview

The global shipping industry is bracing for a substantial climate bill, with an estimated $3.6 billion in carbon emissions fees projected for vessels entering and leaving European Union (EU) ports. The EU’s Emissions Trading...

https://mfame.guru/shipping-industry-faces-3-6-billion-climate-bill/

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