Carbon price of $360/t required to decarbonise shipping by 2050 -report

Published 17:14 on January 18, 2022  /  Last updated at 17:14 on January 18, 2022  /  International, Shipping  /  No Comments

An average carbon price of almost $200 per tonne would be required to decarbonise the global shipping sector by 2050, with the price ultimately hitting heights of $360 in the target year, according to a report by an industry coalition published on Tuesday. 

An average carbon price of almost $200 per tonne would be required to decarbonise the global shipping sector by 2050, with the price ultimately hitting heights of $360 in the target year, according to a report by a private sector coalition published on Tuesday.

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