Accelerating Shipping Decarbonisation through Policy Action
To achieve the Paris Agreement climate targets, all sectors, including the shipping industry, must ensure meaningful reductions by 2030 and net-zero emissions by 2050. To get there, zero-emissions ships must become the dominant and competitive choice, at the latest by 2030. But herein lies a conundrum. A zero-emission fleet is only commercially viable if zero-emission energy sources are competitive with traditional fuels. However, fossil fuels remain readily available, reliable, cheap, and compatible with existing ships and engines – creating a competitiveness gap that the market cannot solve on its own. New policies are needed, regulating and incentivising shipowners, operators and fuel providers in a direction that drives investments in new fuels and technologies to enable a viable zero-emission fleet. We need to move the needle now as there is no time to waste.

In this webinar co-organized by the Getting to Zero Coalition and the Oxford Smith School, academics from Oxford will present the findings of their report ‘Zero Emissions Shipping: Regulatory support options for decarbonising international shipping’, which identifies concrete policy tools that can accelerate the decarbonisation of shipping and make zero emission shipping investable at scale. This will be followed by an industry panel discussion.
Date: 28 June 2021, 13:00 (Monday, 10th week, Trinity 2021)
Venue: Online
Speakers: Baroness Bryony Worthington (Labour Party Shadow Minister on Energy and Climate Change), Christian Ingerslev, Chief Executive Officer (Mærsk Tankers), Sammy van den Broeck, VP for Projects and Portfolio (Yara Clean Ammonia), Dominik Englert, Economist, (World Bank), Kasper Søgaard, Head of Research (Global Maritime Forum), Alex Clark (Smith School of Enterprise and the Environment, University of Oxford)
Organising department: Smith School of Enterprise and the Environment
Organiser contact email address: events@smithschool.ox.ac.uk
Booking required?: Required
Booking url: https://decarbonisingshipping.eventbrite.co.uk
Cost: Free
Audience: Public
Editors: Chris White, Donna Palfreman, Hannah Daley, Alexandra Horgan