Opinion: Now Is the Perfect Moment to Decarbonize Global Trade
International freight transport — whether by air, land, or sea — still relies overwhelmingly on fossil fuels, accounting for 30 percent of transportation-related carbon dioxide emissions and more than 7 percent of all global emissions. Experts agree that freight, and international trade more broadly, must be decarbonized if we expect to hit the Paris Agreement’s climate goals. With the world’s freight carriers deeply shaken and supply chains upturned by the Covid-19 pandemic, now is exactly the right time to begin reshaping it.
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