ICS: Global GHG levy is the way forward for shipping’s net-zero aspirations

The shipping industry wants a simple, effective levy-based greenhouse gas (GHG) pricing mechanism to accelerate the uptake of zero-near-zero GHG emission (ZNZ) fuels and enable full-scale maritime decarbonization, according to the International Chamber of Shipping (ICS), one of the world's principal shipping organizations that represents around 80% of the world's merchant tonnage.

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