Long-distance logistics is getting greener – and slower - Raconteur

The shipping industry has agreed to cut emissions by 20% by 2030 and achieve net-zero emissions by 2050, according to the International Maritime Organization. To meet these targets, shipping companies are required to calculate their emissions and receive a performance rating. However, the cost of adopting alternative power sources like biofuel and electricity is a challenge for many companies. Slowing down speeds is a cheaper option, but it reduces productivity. The new regulations could also impact global supply chains and lead to changes in where goods are sourced. European carbon pricing may incentivize companies to use more efficient ships on routes to Europe.

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