At Strive, we believe emissions from the shipping sector will likely fall under compliance carbon pricing regimes in the future. However, in the meantime, we encourage shipping companies to start setting up their voluntary emissions reductions targets.

Today, the cost of offsetting emissions is far below the cost of abating emissions in the shipping sector. As such, it offers players the chance to plan a long-term direct emissions reduction strategy while charting a climate conscious course today. Voluntary offsets are a way of facilitating this today, helping participants to act more quickly and become familiar with carbon pricing.

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