What is a reasonable estimate of how shipping might be required to change and what does this look like.
Low Carbon Pathways 2050 is a new study that details a number of potential pathways for the shipping industry’s transition to a low carbon future, produced by LR and Shipping in Changing Climates, a $4m multi-university and cross industry research project funded by EPRSC.
The report underlines the need for shipping to start its decarbonisation imminently – as stringency increases over time, increasingly high-cost mitigation steps are required. The later we leave decarbonisation, the more rapid and potentially disruptive it will be for shipping.
The report asks the question: given the best available evidence, what is a reasonable estimate of how shipping might be required to change and what does this look like?