This article, by Shayne MacLachlan of the OECD Environment Directorate, is co-published with the OECD Insights Blog. Newcastle, Australia has the dubious honour of being the world’s largest port for coal exports. There’s even a coal price index named after it: The NEWC Index. Surfing Novocastrian beaches not only means “watching out” for great-white sharks, but also “being watched” by the lurking great-red coal ships out … Continue reading Carbon emissions all at sea: why was shipping left out of the Paris Climate Agreement?