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Climate change to hit shipping industry most-IV: Preparing from now makes sense
Nov 04: Decarbonisation in the shipping industry will have to first start with the ‘low-hanging fruit’.
8Therefore, while it might be tempting (given the timescales at play) to try and ignore the cumulative nature and scale of shipping’s decarbonisation challenge for a bit longer, this study shows that this is not a sound strategy. The later the industry take to tackle decarbonisation, the more rapid and potentially disruptive it will be for it, and the more limited the options both in-sector and out of sector will be when the crunch eventually comes.
8The later the shipping industry acknowledge the scale of the challenge and the pathways the sector should take, the less prepared the designers, owners and financiers will be for the future.
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