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Study puts cost of decarbonizing shipping by 2050 at ~$1.4-$1.9T; largest investment needed in land-based systems

  • Green Car Congress faviconGreen Car Congress

    By mmillikinJan 21, 2020, 6:30 am500 ptsHot
    photo of Study puts cost of decarbonizing shipping by 2050 at ~$1.4-$1.9T; largest investment needed in land-based systems imageA new study by University Maritime Advisory Services (UMAS) and Energy Transitions Commission (ETC) prepared for the Global Maritime Forum for the Getting to Zero Coalition, estimates that the cumulative investment needed between 2030 and 2050 to halve shipping’s CO2 emissions amounts to approximately $1-1.4…
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