In this business briefing, we’re investigating whether ETS incentivises shipping companies to switch towards lower carbon fuels. And we explore whether an increase in ETS price will promote the uptake of alternative fuels in the future.
Our study considered the forecasted EU ETS price in comparison to the price of LNG, e-methanol, and e-ammonia to establish at what point ETS would provide a financial incentive to switch to these fuels.
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This business briefing was first published in the April issue of Port Strategy and is reproduced here by kind permission of Mercator Media, publishers of Port Strategy
Ocean Shipping Consultants (OSC) is the maritime economics & operations consultancy group of Royal HaskoningDHV and is a leading brand in the maritime sector with over 30-years’ experience.