Switching to clean alternative fuels is the key component of the decarbonisation of shipping. But it faces the classic “chicken and egg” problem of who moves first: the fuel producers, the refuelling ports or their customers the ship and cargo owners. Aparajit Pandey and Oscar Hernandez at RMI explain how a “book and claim” system can be the answer. It’s already proven itself in electricity markets and the aviation sector. Digital tokens are … [Read more...]