Solomon Islands' Jimmy Nuake Highlights Need for GHG Levy

Jimmy Nuake, deputy secretary at the Ministry of Infrastructure Development of the Solomon Islands, and longtime sustainable transport advocate, highlighted the global need to enable the shipping industry to go green by giving it a real incentive to transform. He noted that governments must give the industry the incentives to decarbonize, and this is why the Solomon Islands came together with the Marshall Islands to propose a carbon levy at the International Maritime Organization. This carbon levy proposal would make it logical for shipowners to invest in measures to green their ships – making it not only the right thing to do morally, but also financially. The proposed levy would start at $100 per ton of CO2, and would be periodically revised upwards, which would encourage technological innovation and enable the kind of risk-taking that can create the step-changes we need in this industry.



For the full article, please visit the link below: