Parry, I;
Heine, D;
Kizzier, K;
Smith, T;
(2022)
A Carbon Levy for International Maritime Fuels.
Review of Environmental Economics and Policy
, 16
(1)
10.1086/717961.
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Abstract
The International Maritime Organization has pledged to reduce carbon emissions from the shipping industry by at least 50 percent below 2008 levels by midcentury. The next step is to design a strategy for implementing this commitment. A carbon levy for international maritime fuel is a critical component of this strategy because it provides across-the-board incentives for near-term mitigation, the robust price signal that is ultimately needed for deploying zero-emission vessels (ZEVs), and near-term funding for R & D and infrastructure investment for ZEVs. This article discusses the rationale for an international maritime carbon levy, key design and implementation issues, and the environmental impacts of such a levy.
| Type: | Article |
|---|---|
| Title: | A Carbon Levy for International Maritime Fuels |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1086/717961 |
| Publisher version: | https://doi.org/10.1086/717961 |
| Language: | English |
| Additional information: | This version is the version of record. For information on re-use, please refer to the publisher’s terms and conditions. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL BEAMS UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment UCL > Provost and Vice Provost Offices > UCL BEAMS > Faculty of the Built Environment > Bartlett School Env, Energy and Resources |
| URI: | https://discovery-pp.ucl.ac.uk/id/eprint/10142438 |
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