Shipping’s decarbonisation: a real prisoner’s dilemma. – Lloyd’s Register
Decarbonisation is posing a real prisoner’s dilemma* for shipping: how can we overcome individual company incentives in favour of the common good? Economic theory teaches us that regulation is one way out of the prison: by altering present-day incentives, behaviour can shift rapidly. Business models that incentivise collaboration should allow the participants to move ahead […]