The MEPC post-mortem
Listen to the latest edition of the Lloyd’s List weekly podcast — your free weekly briefing on the stories shaping shipping
Senior reporter Declan Bush brings you immediate reaction from a momentous week in shipping’s decarbonisation journey and gathers three experts to discuss the impact of what was agreed at the IMO’s Marine Environment Protection Committee
ON FRIDAY, some 20 years of decarbonisation work at the International Maritime Organization culminated in a historic agreement, with countries voting 63-16 in favour of an emissions fuel standard with a built-in carbon price.
If it is formally adopted in October, this will be the first binding global carbon price on any industry; a genuinely momentous achievement that will change the future of shipping.
What they’ve come up with is highly complex and is going to take the industry a while to fully digest.
But fear not, we have three brave experts willing to help make sense of it and tell us, hopefully, what comes next.
-
Marie Fricaudet, senior research fellow at the UCL Energy Institute
-
Aoife O’Leary, lawyer, economist and the chief executive of Opportunity Green
-
Rico Luman, senior sector economist at ING Bank
