Given that China is the world’s largest emitter and has a high carbon intensity, some assume that its trade war with the United States, which has shifted production to third countries, would have environmental benefits. In fact, the conflict has increased carbon dioxide emissions in developing and advanced economies alike.
The real drivers of the climate transition are no longer sitting in the sustainability department – they're in finance, as sustainability shifts from the realm of storytelling to accountability.
The rapid uptake of alternative fuels in shipping is outpacing international liability regimes – leaving gaps in protection against spills and accidents.