Publication

This paper analyzes how much the shipping sector could contribute to global CO2 emission reductions from an efficiency point of view. The authors use a marginal abatement cost curve (MACC) for the shipping sector and combined with a MACC for conventional CO2 abatement in global production and consumption sectors. The authors find that the shipping sector could always contribute to efficient global emission reductions and thus could always achieve global cost savings, but also that the size of the contribution and the size of cost savings depend heavily on the MACC case assumed.