Maersk Seeks Tax on Fuel as Shipping Looks to Greener Future

Maersk Seeks Tax on Fuel as Shipping Looks to Greener Future

Assessment

Interactive Video

Business, Biology

University

Hard

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The video discusses the significant role of shipping in global trade and its environmental impact, contributing to nearly 3% of man-made CO2 emissions. Industry leaders are advocating for a carbon levy to bridge the gap between fossil fuels and greener alternatives. The proposed levy could increase costs but is seen as a necessary step towards reducing emissions. Global regulatory bodies are urged to act swiftly to meet green targets by 2030. While clean fuel alternatives exist, they are not yet viable for widespread use, and a carbon levy may help transition towards a sustainable future.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the target year for the shipping industry to start burning clean fuel?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are mentioned regarding the alternatives to current shipping fuels?

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