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Shipping’s R&D fund proposal given a third shot at survival

The fund’s supporters have long stressed that it is not a market-based measure, but the line might become blurred when the proposal is discussed again, along with mid- and long-term measures to tackle climate change

The proposal for a $2 levy on fuel to fund decarbonisation research and development projects did not convince governments, but its supporters will have another chance to make their case in November

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