Maersk Seeks Tax on Fuel as Shipping Looks to Greener Future

The video discusses the significant role of shipping in global trade and its environmental impact, contributing to nearly 3% of man-made CO2 emissions. Industry leaders are advocating for a carbon levy to bridge the gap between fossil fuels and greener alternatives. The proposed levy could increase costs but is seen as a necessary step towards reducing emissions. Global regulatory bodies are urged to act swiftly to meet green targets by 2030. While clean fuel alternatives exist, they are not yet viable for widespread use, and a carbon levy may help transition towards a sustainable future.

What percentage of the world's goods is transported by the shipping industry?

• 90%

• 60%

• 80%

• 50%

How does the carbon dioxide emission from shipping compare to that of France and the UK?

• Less than both

• More than both

• Equal to the UK

• Equal to France

What is the proposed carbon levy per tonne of fuel by the world's largest container shipping company?

• $150

• $250

• $100

• $200

What is the potential impact of the carbon levy on the price of consumer goods like shoes?

• Decrease

• Slight increase

• No change

• Significant increase

By what year must global shipping start using clean fuel to meet green targets?

• 2025

• 2030

• 2040

• 2050