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Home»Environment»Global Marine Carbon Tax Could Impact Vessels Over Emission Limits by 2028
Environment

Global Marine Carbon Tax Could Impact Vessels Over Emission Limits by 2028

Political X PatriotBy Political X PatriotSeptember 13, 20251 Min Read
Global Marine Carbon Tax Could Impact Vessels Over Emission Limits
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Wärtsilä, a Finnish company, is spearheading efforts to decarbonize the heavy marine sector by 2050, which is known for its significant carbon emissions. The company’s strategy emphasizes a multifaceted approach, incorporating new fuels, digital optimization, and innovative technologies.

Key initiatives include:

  1. Global Carbon Tax: The International Maritime Organization plans to implement a carbon tax incentivizing emission reductions by imposing fines on vessels exceeding limits. This may establish a precedent for other industries.

  2. Digital Schedule Optimization: Aiming to improve efficiency, Wärtsilä supports synchronizing ship and port schedules to reduce fuel consumption and emissions, potentially achieving savings of up to 30%.

  3. Carbon Capture and Multi-Fuel Engines: Wärtsilä is developing onboard carbon capture systems capable of eliminating 70% of exhaust emissions and investing in multi-fuel engines that can operate on both fossil fuels and future low-carbon alternatives.

  4. Future Marine Fuels: Methanol and ammonia are highlighted as promising zero-carbon fuels, with Wärtsilä actively working on the development of engines compatible with these alternatives.

Overall, Wärtsilä’s commitment to innovation and collaboration aims to transform the marine industry and address the monumental emissions challenge it faces as stakeholders work towards a sustainable future by 2050.

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Carbon Emission Global Impact Limits Marine Tax Vessels
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