News US$5 billion fund to cut shipping CO2 A London-based trade association proposed creating an organization to run a US$5 billion research fund for eliminating carbon from global shipping. By Arete News - December 18, 2019 An oil and chemical tanker anchors in Freeport, Bahamas (AN/Joe deSousa) You need to login to view this content. Please Login. Not a Member? Join Us