Zero-Emissions Shipping: Contracts-for-difference as incentives for the decarbonisation of international shipping
Pressure is growing from multiple directions for the shipping industry to decarbonise. Alternative fuels do exist to reduce or remove all emissions from fuel use, but they are not yet competitive with fossil fuels, and face a range of barriers to entry. Calls for policy support for decarbonisation are increasing, but it is not yet clear what such support should entail.