Trafigura Calls for IMO Action on Carbon Levy

The video discusses the journey from skepticism to consensus on the need for carbon pricing in the shipping industry. Despite progress, challenges remain, particularly the significant price gap of zero-carbon fuels. The urgency for policy action is emphasized, with COP26 highlighted as a crucial event. The consequences of delay are severe, impacting global decarbonization efforts. However, there is hope as global leaders, including the US and UK, are taking steps towards a sustainable future.

What are the potential consequences of delaying shipping decarbonization?

How is the US responding to the need for decarbonization in shipping?