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SEA/LNG: Norway should play greater role in reducing shipping-related CO2 emissions

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LNG Industry,

SEA/LNG, a multi-sector industry coalition that endorses the widespread adoption of LNG as a marine fuel, has released a statement urging Norway to engage more vigorously in multilateral attempts to tackle shipping-related CO2 emissions.

In particular SEA/LNG has criticised Norway’s introduction of a domestic CO2 tax, arguing that it ‘acts as a disincentive for the uptake of an available and low CO2 fuel such as LNG now, as well as future investment in LNG-fuelled ships. As such, the tax will likely lead to an increase in emissions of climate gases, NOX, sulphur and particulate matter.’

The coalition subsequently views the tax as risking Norway’s status as a ‘world leader in the development of LNG shipping technology.’ It has urged Norway to reconsider implementing the tax and instead participate in multilateral attempts to tackle marine CO2 emissions, such as supporting the International Maritime Organization’s development of an international regulatory regime for greenhouse abatement.

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