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Re:Ocean shipping rates have plunged 60% this year by nl on Wednesday September 07, 2022 @08:15PM (#32759222)
I agree 2.5% is significant!

My argument is that shipping usage doesn't appear sensitive to price signals (based on the data we see from changes in prices).

This means that regulation is probably a better approach to reducing emissions here. This is what was done for cars and is shown to work there.

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