New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger
"Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO 2020," which cap sulfur emissions from ships."
Why this is important: Environmental regulation can provide a competitive edge in some circumstances. Several years ago, the United States adopted lower limits for sulfur in diesel, cleaning it up substantially and producing positive environmental effects. Now other countries are joining in reducing the sulfur in marine fuels....
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