FT Rethink
The cost of greener shipping
Ships are crucial to the global economy, carrying about 90 per cent of all goods traded around the world. Shipping also sends around a billion tonnes of greenhouse gases into the atmosphere each year, thanks to highly polluting, heavy fuel oil, but as the FT’s Harry Dempsey explains, any transition to greener fuels could be expensive, and consumers will likely foot the bill.
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FT Rethink series focuses on the people, technology, strategies and systems moving us from an economy that is wasteful, idle, lopsided and dirty towards one that is circular, lean, inclusive and clean. The channel alternates between independent reporting from FT journalists and business perspectives from Lombard Odier