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The shipping industry has the ability to hit its international decarbonisation goals by following pathways identified by global experts. A new evidence-based study outlines the need for large-scale deployment of new technologies and the use of low-carbon fuels to help the sector reduce greenhouse gas emissions by at least 50% by 2050 compared with 2008 . ....
The shipping industry could rack up costs of $6.0tn in 2030-2050 depending on its decarbonisation pathway, compared to business-as-usual costs of $5.5trn. ....