eprintid: 10102975 rev_number: 14 eprint_status: archive userid: 608 dir: disk0/10/10/29/75 datestamp: 2023-04-28 16:00:54 lastmod: 2023-04-28 16:00:54 status_changed: 2023-04-28 16:00:54 type: report metadata_visibility: show creators_name: Rehmatulla, N title: The Potential Role of Targets and Economic Instruments ispublished: pub divisions: UCL divisions: B04 divisions: C04 divisions: F34 note: © Queen’s Printer and Controller of Her Majesty’s Stationery Office, 2018, except where otherwise stated Copyright in the typographical arrangement rests with the Crown. You may re-use this information (not including logos or third-party material) free of charge in any format or medium, under the terms of the Open Government Licence v3. To view this licence, visit http://www.nationalarchives.gov.uk/doc/open-government-licence abstract: The analysis presented in this report draws on a combination of economic principles and a synthesis of publicly available data and evidence from shipping and other sectors and countries. It sets out the economic case for the UK introducing (a) targets to reduce emissions of greenhouse gases (GHGs) and emissions to air of pollutants from UK shipping; and, (b) economic instruments to support the transition to zero emission shipping. It then considers two relevant interventions that already exist with the aim of reducing emissions – the Nitrogen Oxides (NOx) Fund in Norway and the Renewable Transport Fuel Obligation (RTFO) in the UK – and considers the pros and cons of those measures. date: 2019-07-03 date_type: published publisher: Department for Transport official_url: https://www.gov.uk/government/publications/clean-maritime-plan-maritime-2050-environment-route-map oa_status: green full_text_type: pub primo: open primo_central: open_green commissioning_body: Department for Transport verified: verified_manual elements_id: 1794239 confidential: false lyricists_name: Rehmatulla, Nishatabbas lyricists_id: NREHM95 actors_name: Rehmatulla, Nishatabbas actors_id: NREHM95 actors_role: owner full_text_status: public series: Clean maritime plan: Maritime 2050 environment route map place_of_pub: London, UK pages: 60 book_title: Clean maritime plan: Maritime 2050 environment route map citation: Rehmatulla, N; (2019) The Potential Role of Targets and Economic Instruments. (Clean maritime plan: Maritime 2050 environment route map ). Department for Transport: London, UK. Green open access document_url: https://discovery.ucl.ac.uk/id/eprint/10102975/1/Wilson%20et%20al.%20%282019%29%20The%20Potential%20Role%20of%20Targets%20and%20Economic%20Instruments.pdf