Sustainable shipping fuels can reach cost parity with fossil fuels by 2035

Sustainable shipping fuels can reach cost parity with fossil fuels by 2035 with decisive policy, says new report. The report reveals that the EU Emissions Trading Scheme (ETS) and FuelEU Maritime Initiative (FEUM) will see the cost of using fossil fuels more than double by 2030. By 2035, they will close the price gap between fossil fuels and sustainable fuels for the very first time. Source: Wartsila

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