Poten's Weekly Opinion: Changing Tides

May 27 2021


How is the tanker market going to deal with Net Zero?

Earlier this week, the International Energy Agency (IEA) published a report (Net Zero by 2050; A Roadmap for the Global Energy Sector) providing scenarios and policy recommendations for governments to limit climate change.

 

The report outlines three scenarios: One outlining a trajectory based on currently implemented and announced policies (STEPS); a second one assumes all stated pledges are achieved (even though most of these pledges are not yet underpinned by specific policies and legislation) and a third scenario outlining a potential path to reach the commonly stated goal of Net Zero Emissions by 2050.

 

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