What is Carbon Offset Shipping?

Carbon Offset Shipping

The maritime industry is responsible for the production of approximately 3% of carbon dioxide emissions or 1000 million tonnes annually. Like all other sectors, global shipping faces increased pressure to decrease its carbon footprint, as climate change and global warming have become serious issues.

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If nothing is done, carbon emissions could rise by 50% by 2050. However, the International Maritime Organization has put forward a strategy to tackle this situation. It includes...

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