No-tax IMO options could still hike shipping costs, Imarest study finds
- Tuvalu’s pricier NZF the best option for the climate, but also the most expensive
- NZF as is provides lowest cost of carbon abatement of the four options studied
- Liberia’s plan the weakest option and unlikely to meet 2023 Strategy goals — but would still raise costs over time
The NZF policy options on the table at IMO would all increase shipping costs by 70%-80% by mid-century, including plans that get rid of the compulsory carbon price
