Delay on carbon will hit shipping

The shipping industry could be seriously affected by any delay in regulation to cut its carbon emissions, but there will be no EU measures for at least the next year.

The longer it takes to introduce market-based measures to cut carbon emissions from shipping, the harder it will be for the industry to comply, according to research under way at UCL’s Energy Institute. But the EU will not be implementing any such measures for at least the next year.

The Low-Carbon Shipping project, funded by the UK research councils, is examining how the industry might respond to changes in fuel price and environmental regulation. It brings together research from UCL, Strathclyde, Newcastle, Hull and Plymouth universities and is supported by firms including Shell, Lloyd’s Register and Rolls-Royce.

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