As IMO’s MEPC 81 was going on in London last week, ABS Chairman and CEO Christopher J. Wiernicki was telling a session of the CERAWeek energy conference in Houston that a universal, global carbon tax on shipping is coming, as alternative blue fuels made with carbon capture emerge as a critical step in the energy transition at sea.
“We need to recognize that there is an intermediate step in the energy transition,” he said. “Last year the conversations were focused on going from oil to a green...