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dc.contributor.advisorScheitrum, Daniel
dc.contributor.authorEckhauser, Connor
dc.creatorEckhauser, Connor
dc.date.accessioned2021-01-26T00:00:21Z
dc.date.available2021-01-26T00:00:21Z
dc.date.issued2020-05
dc.identifier.citationEckhauser, Connor. (2020). IMPLICATIONS OF IMO 2020 ON FUEL MARKETS AND THE ENVIRONMENT (Bachelor's thesis, University of Arizona, Tucson, USA).
dc.identifier.urihttp://hdl.handle.net/10150/651004
dc.description.abstractThis work studies the effect of a new sulfur regulation introduced by the International Maritime Organization on January 1st, 2020. The goal of this regulation was to reduce the amount of sulfur in emissions from large ocean going vessels to 0.5%. A reduction in bunker demand was attributed to an increase in diesel demand due to the fact that a middle distillate (combination of diesel and residual) is most likely to pick up slack in the market. Changes in price and criteria pollutants were analyzed. Three scenarios were investigated, a 50%, 75% and 100% reduction in bunker demand. Preliminary analyses showed that sulfur oxides would have the greatest reduction, followed by carbon monoxide. Data after January 2020 was going to be used as a post analysis to see how the respective markets were affected. Due to the oil price war between the Saudis and Russians, and the Coronavirus, oil consumption data has been tainted, making an analysis of the effects nearly impossible. Confounding factors were discussed and related to the analysis.
dc.language.isoen
dc.publisherThe University of Arizona.
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
dc.rights.urihttp://rightsstatements.org/vocab/InC/1.0/
dc.titleIMPLICATIONS OF IMO 2020 ON FUEL MARKETS AND THE ENVIRONMENT
dc.typeElectronic Thesis
dc.typetext
thesis.degree.grantorUniversity of Arizona
thesis.degree.levelbachelors
thesis.degree.disciplineResource Economics
thesis.degree.disciplineHonors College
thesis.degree.nameB.S.
refterms.dateFOA2021-01-26T00:00:21Z


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