Winds of Trade: Passage to Zero‐Emission Shipping

Nicola Cutcher

American Journal of Economics and Sociology, 2020, vol. 79, issue 3, 967-979

Abstract: The shipping industry needs to decarbonize over the coming decades, but there are competing visions about how that will happen. While major shipping companies are looking to potential new fuels, including ammonia, other disruptors are already shipping small quantities of boutique goods, emission free, on sailboats harnessing the power of the wind. They are a reminder that all global trade used to travel by sail. Can wind propel us back to the future? There is a role for wind power in shipping as both a primary means of propulsion and a way to provide wind assistance to reduce a vessel’s fuel use. This article examines the possibilities and challenges for wind‐based sea transport.

Date: 2020
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