CO2 curbs will not damage shipping, say analysts

International Maritime Organization curbs on greenhouse gases will have no significant adverse impact either on the shipping industry or US consumers and businesses, according to research from think tank, the Brookings Institution.

Analysts Nigel Purvis and Samuel Grausz reviewed the topic in their paper, Sink or Swim: the Economic Impacts of an International Maritime Emissions System for Greenhouse Gases on the US.

Although the IMO has yet to decide which...

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