IMO 2020 looked like a global regulation story. The better reading is more practical: marine fuel rules work when the bunkering system can absorb them. That matters now because shipping is heading into a much harder fuel transition.
Europe’s latest energy package is not a biofuels strategy. In AccelerateEU, the European Commission is responding to a familiar European problem: fossil fuel dependence. The trigger this time is renewed pressure from the Middle East, higher import costs and concern over transport fuel availability.
