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Evaluating the Costs of Decarbonizing the Shipping Industry: A Review of the Literature

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Evaluating the Costs of Decarbonizing the Shipping Industry: A Review of the Literature

Author: Kevin Cullinane 1, and Jialin Yang


Publisher: Nashwa

Publication Date: Jan 01, 2022

Country: United States

Language: English

Keywords: decarbonization; Emissions Trading System; IMO; greenhouse gas; carbon

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Abstract

The article discusses recent developments concerning the most important European energy and climate law initiative at the moment, the ‘European Green Deal’. Details of the initial ‘European Green Deal’ have been discussed elsewhere in this journal. At its core are two components: the green transition of European societies on the one hand and the question how this may be organized in a just way, on the other hand. The article discusses recent developments concerning these ‘green’and ‘just’aspects and concludes with some critical remarks on the ways in which these ‘green’ and ‘just’ aspects of the ‘European Green Deal’ are being implemented into energy and climate law.