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Tag Archives: Zero-emissions

Shipping Industry Proposes $5 Billion Fund for Zero-Emission R&D

View from bow of container ship transiting Suez Canal. Sand banks on either side.

Reuters, December 18, 2019 By Jonathan Saul LONDON, Dec 18 (Reuters) – Shipping associations have proposed creating a research fund with $5 billion raised by the industry to develop technology to help the sector meet U.N. targets on cutting emissions. The global shipping fleet, which accounts for 2.2% of the world’s CO2 emissions, is under pressure to reduce those emissions …

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