Climate Policies Helped Create High Shipping Rates. Now Some People Don’t Want Container Companies To Profit From Them
February 17, 2022 at 12:48 PM EST
In January 2020, a little-known rule went into effect that today regulates the kind of fuel maritime shipping vessels are allowed to use. Conceived of by the United Nations’ International Maritime Organization (IMO), the rule, known as IMO 2020, caps the amount of sulfur in carriers’ fuel at 0.5%,...
