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It is time to hold global shipping corporations accountable for burning heavy fuel oils and putting profits before the well-being of people and the planet.
In April, the International Maritime Organization has a critical opportunity to put shipping on a path toward real climate action. A levy on shipping emissions would not only hold major polluters accountable but also generate billions in funding to support a just transition—one that helps vulnerable nations, accelerates zero-emission fuel production, and breaks shipping’s dependence on fossil fuels.
Adeboye Joseph Oluwadamilare, a Nigerian climate advocate who called for a levy at last year’s International Maritime Organization (IMO) meeting, said, “If we don’t act now, climate change could cost the global economy $38 trillion every year.”
If the levy is adopted, the revenues could be used to support the most vulnerable countries towards transitioning their shipping fleets and port infrastructure to zero-emission technologies. It would rightly force the biggest polluters to pay the true cost to our planet and health to continue to pollute and would set the industry on a path to a just and equitable transition.
While some in the shipping industry may resist the financial burden of upgrading fleets, the alternative—a world plagued by climate-fueled disasters, serious threats to public health, and economic instability—is far worse.
Top shipping companies like Maersk and CMA CGM have made billions of dollars in revenues over this past year—more than $100 billion combined in 2024. Both companies have taken steps to transition their fleets to zero emissions but not on pace to meet the timeline of the Paris agreement or the IMO’s own 2023 greenhouse gas reduction strategy. Nicole Morson, a climate activist from Dominica, also pushed for a levy of $150 per metric ton of greenhouse gas emissions last year in London. She told The Wall Street Journal that the push for the tax is “a movement of the climate underdogs.”
It is time to hold global shipping corporations accountable for burning heavy fuel oils and putting profits before the well-being of people and the planet. The majority of Americans recognize that global warming is happening; a recent study from Yale and George Mason University found that 73% of Americans recognize that global warming is happening, including 60% who say that it is caused mostly by human activities. The good news is that the cost of clean shipping is negligible—one study shows that using e-fuels adds just 8 cents to a pair of Nikes.
As the world’s shipping regulator, it is time that the International Maritime Organization take action to adopt a levy to hold the sector accountable. Olumide Idowu, another climate activist from Nigeria and known as “Mr. Climate,” said: “One of the best ways to clean up shipping and avoid huge climate bills is by pricing its emissions. A global levy on shipping emissions will help get ships off faster off fossil fuels while generating finance worth billions of dollars to upgrade shipping to zero emissions and make the sector more resilient, especially in the most vulnerable and developing countries.”
Revenue could also be used to reward the needed production of zero-emission fuels and required infrastructure upgrades in climate vulnerable countries. The World Bank estimates that around $60 billion could be generated annually, based on a price of $100 per metric ton per greenhouse gas emissions. It would be a drop in the bucket for the industry but would help accelerate shipping decarbonization around the world and in the most vulnerable countries.
The cost of inaction is far greater than the price of transition. Climate change threatens global supply chains, coastal infrastructure, and economies, with damages projected to reach trillions of dollars annually. While some in the shipping industry may resist the financial burden of upgrading fleets, the alternative—a world plagued by climate-fueled disasters, serious threats to public health, and economic instability—is far worse. The IMO must decide: Will it lead the industry toward a sustainable future, or allow shipping’s biggest polluters to keep passing the costs of their pollution onto the most vulnerable?
"We are hoping Maritime Executive's readership are reminded that investing in a fuel that will expedite the rapid decline of life on the planet is not a good look (or a good investment)," one spokesperson said.
When readers of The Maritime Executive peruse the magazine's latest issue on Friday, they will be in for a surprise.
Page 15 of the magazine displays an ad for GreenCurrent Group, which bills itself as a "full service communications and marketing agency specializing in supporting commercial maritime operators and energy providers investing in LNG [liquefied natural gas]—the most exciting and misunderstood marine fuel."
But when curious maritime or energy executives follow the QR code at the bottom-right corner of the ad, they will discover that no such company exists. Instead, they will be directed to a satirical video commercial for "Scrubby Greenwash," a giant anthropomorphic green sponge that promises to "scrub, scrub, scrub sad facts away."
The false ad and video are the latest hijinks from underground activist collective The Yes Men, who have used humor and pranks to target corporate wrong-doing since 1996.
"We are hoping Maritime Executive's readership are reminded that investing in a fuel that will expedite the rapid decline of life on the planet is not a good look (or a good investment)," The Yes Men's Natalie Whiteman told Common Dreams.
The Yes Men first made waves more than three decades ago with a mock World Trade Organization website that got taken seriously enough to win them an invitation to a real-world conference. Since then, they have used creative deceptions to call attention to various social, economic, and political issues from high drug prices to lack of accountability for the Bhopal disaster.
"We need industry leaders, energy producers, and all players across the supply chain to reject LNG as a climate solution."
Many of their past actions have targeted fossil fuel companies and raised awareness about environmental issues such as the climate emergency and corporate greenwashing. Over the past year, they have begun campaigning around LNG specifically.
"We've always been in favor of generally keeping living things still alive, and methane is going to make all of that not happen much faster," Whiteman said. "We thought hey, that's not cool at all."
"LNG is a massive issue," Whiteman continued. "and the industry is pouring enormous resources into convincing the public that LNG is a green fuel when in fact LNG is methane, with a warming capacity 80 times more powerful than CO2, that leaks across practically every step of the supply chain."
To tackle this issue, the group has taken Scrubby Greenwash on tour to major cities around the world.
How did they come up with the character?
"Greenwashing is the process of scrubbing inconvenient facts and science away to protect the reputation of a company," Whiteman explained. "It's a process of sanitizing their image with marketing, and so a delirious looking slimy sponge seems like the sensible choice."
Whiteman said that Scrubby was "building up a rabid fanbase all over the world" while "targeted companies don't seem nearly grateful enough for the services he provides in protecting their image."
The group also crashed the World LNG Summit in Berlin in December under the guise of a Royal Caribbean executive. They managed to hold a few one-on-one meetings and earn a panel invitation before being found out, in an adventure that will be fully shared in a documentary to be released next year.
Their focus on LNG parallels the work of more traditional climate activists, who have been sounding the alarm about its planet-warming potential and urging governments to curb the buildout of new LNG infrastructure.
However, following the election of U.S. President Donald Trump, there has been backsliding on the regulatory end, with Trump declaring an energy emergency to stimulate more fossil fuel extraction and lifting a Biden-era pause on new LNG export approvals. On Wednesday, the European Union also announced a plan to fund new LNG exports, which was interpreted by some as a concession to Trump's pro-fossil fuel agenda.
The Yes Men's latest fake ad targets not governments, but shipping and LNG companies directly.
The false ad placed by The Yes Men in The Maritime Executive.
In the video ad, a table of men in suits sit around a table in "liquefied natural gas headquarters" as a news item announces, "A new investigation has revealed that cruise liners powered by liquefied natural gas produce more global warming than those powered by regular marine fuel. That's because methane leaks at every point in the supply chain, and gas traps 80 times more heat in the atmosphere than carbon dioxide."
The newscaster continues, "That's bad news for everyone, but especially for the luxury cruise lines, like Royal Caribbean, which have been marketing themselves as green," at which point the camera pans over to a Royal Caribbean representative in a captain's uniform. "If the industry doesn't act fast, this information could hurt their bottom line."
It's at this point that the executives pick up the phone to call in the assistance of Scrubby, who comes bursting through a brick wall Kool-Aid style.
Whiteman said The Yes Men chose to target Maritime Executive and Royal Caribbean in particular because "the trade media is complicit in propagating the greenwashing that protects LNG's false reputation as a clean fuel. And the fact that Royal Caribbean is marketing their LNG-powered mega ships as sustainable is a criminal untruth, when they could be investing in zero-emissions alternatives or other efficiency measures.'
Ultimately, Whiteman told Common Dreams, "We need industry leaders, energy producers, and all players across the supply chain to reject LNG as a climate solution. It has proven to be anything but."
Even as the Biden administration and Congress move forward with military solutions, there are alternatives to addressing the Houthi attacks on commercial shipping, namely, negotiating a cease-fire in Gaza.
The United States is waging an illegal war in Yemen, where major shipping routes along the country’s coastlines have been disrupted by ongoing violence in the region.
Despite widespread understanding in Washington that U.S. military operations in Yemen violate U.S. law, U.S. officials continue to insist that they must continue their military campaign, which they say is necessary to saving time and money on commercial shipping through the Middle East.
“The U.S. economy relies on open sea lanes,” U.S. General Michael Kurilla, the commander of U.S. Central Command, said at a March 7 Senate hearing, after being asked about the growing U.S. military presence in the Red Sea. “By our national security strategy, we will not allow a state or non-state actor to affect the freedom of navigation in the Strait of Hormuz, the Bab al Mandeb, or the Suez Canal.”
Although some of the Houthis’ attacks have caused casualties, the major concern in Washington has been the implications for the global economy.
Since January 11, the United States has been directing airstrikes and other military operations in Yemen. U.S. military forces have been targeting the Houthis, a militant group that has been launching missiles and other attacks against commercial vessels in the Red Sea, Bab al Mandeb, and Gulf of Aden.
For months, the Houthis’ attacks have disrupted commercial shipping. The Houthis have insisted that they will continue their attacks until Israel ends it military offensive in Gaza.
Although some of the Houthis’ attacks have caused casualties, the major concern in Washington has been the implications for the global economy. As U.S. officials have repeatedly noted, as much as 15% of global trade passes through the Red Sea, including 12% of the sea-based oil trade.
“The reason it’s so important there is this,” Secretary of State Antony Blinken explained earlier this year. “15% of commercial traffic is going through that strait every single day.” That includes “30% of the world’s container ships.”
Of particular concern to U.S. officials is the Bab al Mandeb, a narrow strait along the southwestern coast of Yemen that connects the Red Sea to the Gulf of Aden. An estimated 8.8 million barrels of oil are shipped through the strait every day, making it one of the world’s “strategic chokepoints,” as Gen. Kurilla described it.
Although the White House has insisted that President Joe Biden has the legal authority to take military action against the Houthis, several members of Congress have refuted its claims. At a Senate hearing in February, several senators called attention to the War Powers Resolution, which establishes that the president cannot continue hostilities for longer than 60 days without approval from Congress.
Regardless, Congress has failed to act, even now that the deadline has passed. March 12, the day that the White House was required to cease its military operations, “came, and went, in public silence,” as The Associated Press reported.
Even as the Biden administration and Congress move forward with an illegal war, there are alternatives to addressing the Houthi attacks on commercial shipping.
As some U.S. officials have acknowledged, the ideal and perhaps most obvious alternative would be to achieve a cease-fire in Gaza. After all, the Houthis continue to insist that they will not end their attacks until Israel ends its siege of Gaza.
“I am very keen to see that there is a cease-fire in Gaza,” U.S. Special Envoy to Yemen Timothy Lenderking said during a March 29 appearance on “Washington Journal.” “I do believe that we can use that moment to deescalate some of these other crises, including the Red Sea. We must get to that moment.”
Absent a cease-fire, however, it remains possible for commercial ships to circumvent the Middle East. Data compiled by the International Monetary Fund indicates that maritime trade is being redirected around Africa. In other words, commercial ships are taking advantage of other options for reaching their destinations.
The Biden administration has opposed both approaches, however. Not only has the administration continued to support Israel’s military offensive in Gaza, despite its acknowledgment of the worsening “humanitarian catastrophe,” as Secretary of Defense Lloyd Austin recently described it, but the administration remains unwilling to tolerate the longer shipping times that are associated with the route around Africa.
“If you’re talking oil that comes through, we’re seeing a diversion of that,” Gen. Kurilla said at the March 7 Senate hearing. “It goes around the Cape of Good Hope. What that’s going to do is bring products late to market and price increases as well.”
Indeed, the priority of U.S. officials is to keep the Red Sea open for shipping. Their determination to maintain faster shipping is leading them to move forward with a war in Yemen that they know is illegal, even as they come to recognize more sensible options.
The first step in getting to a “just settlement” in Yemen “is the cease-fire in Gaza,” Lenderking said. “I think we can use that diplomatically to deescalate the situation in the Red Sea.”