Sustainable shipping fuels can reach cost parity with fossil fuels by 2035 with decisive policy, says new Wärtsilä report
Wärtsilä Corporation, Press Release, 21 March 2024 at 11:00 AM EETNew Wärtsilä analysis shows EU ETS and FuelEU Maritime will close price gap, creating policy blueprint to accelerate the global transition to sustainable fuels Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions limits, according to a new report launched today by technology group Wärtsilä. The report, titled ‘Sustainable fuels for shipping by 2050 – the 3 key elements of success’, reveals that the EU Emissions