Article
Window on Washington: Green Wave
Article
Window on Washington: Green Wave
Fourth Quarter 2021
This article originally appeared in the Fourth Quarter 2021 Benedict’s Maritime Bulletin. Reprinted with permission. Any opinions in this article are not those of Winston & Strawn or its clients. The opinions in this article are the author’s opinions only.
Green shipping and the decarbonization of the industry have been coming for a long time. When Democrats took control of both houses of Congress and the White House earlier this year, it was no surprise that global warming and climate change concerns began sprouting up all around the beltway. Early executive actions, congressional hearings, and legislative proposals all took on a verdant hue, and the maritime industry has not escaped notice. With container shipping capacity extremely tight, supply chains stretched to the breaking point, and record industry profits, policymakers in Washington are looking at new rules and new ways to enforce old rules to decarbonize shipping.
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