Shipping's Greener Fuel Quest Runs Into Climate Complications - Bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 The industry's global regulator slashed ship fuel's sulfur content in a bid to cut emissions, but the environmental rule comes with its own climate impact. Exhaust gases rise from the funnel of a container ship. Listen 4:12 What does going “green” actually mean? For the global shipping industry, it’s a potentially fraught question. Three-and-a-half years ago, shipping — which carries more than 80% of world trade — underwent a seismic change: the cheap, dirty marine fuel it had long relied on was banned and less-polluting alternatives hit the market. The new rule would slash ships’ sulfur emissions, curbing acid rain and preventing hundreds of thousands of premature deaths thanks to cleaner air. Yet some scientists have linke
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