EU shipping emissions last year were the highest since 2018, non-profit finds
European shipping emissions increased by 13% last year despite a fall in trade, a non-profit said on Friday.
Read MoreShift to “real zero” needed as CCS, CDR reliance risks delaying fossil phaseout -report
Relying on carbon capture and storage (CCS) and carbon removal (CDR) to offset fossil fuel use could undermine global climate goals, a new study warned Friday, urging governments and companies to aim for “real zero” instead.
Read MoreIMO’s shipping framework risks cutting emissions by only 10% by 2030 -report
If implemented as currently designed, the delayed Net-Zero Framework (NZF) under the International Maritime Organization (IMO) would reduce shipping emissions by just 8–10% by 2030, far below the 45% cut needed to align the sector with the Paris Agreement, a report published Thursday said.
Read MoreEU unveils €2.9 billion package to accelerate climate-friendly transport
The European Commission unveiled a new package of measures aimed at boosting high-speed rail infrastructure, and scaling up investments in renewable and low-carbon fuels for use in aviation and maritime transport.
Read MoreUS Republicans seek to block UN carbon tax in new bill
US House Republicans promoting energy independence have put forth a bill that would block the country from contributing to a potential UN carbon tax, as a backstop to federal efforts to block a global price on international shipping.
Read MorePartnership launches to mobilise $1 bln to decarbonise shipping ports
A new global partnership, launched Tuesday, aims to mobilise $1 billion within three years to finance zero-emission port infrastructure, marking a major step toward decarbonising maritime trade.
Read MoreSingapore, South Korea to build green and digital shipping corridor
Singapore and South Korea have joined forces to encourage the deployment of low-carbon shipping solutions.
Read MoreAustralian robotics company raises A$16 mln to deploy ship cleaning emissions reduction tech
An Australian robotics company has secured A$16 million ($10.4 mln) to expand its rollout of novel climate tech that reduces emissions by cleaning ships hulls, it announced.
Read MoreAmmonia will be one of winning fuels to decarbonise shipping, experts say
Decarbonising the global shipping sector will require multiple fuels, though green ammonia is emerging as one clear winner because it is scalable, carbon-free, and already commonly dealt with by industry, experts said on Thursday.
Read MoreUS multinational tech company unveils biocrude fuel production process for maritime, aviation sectors
A US multinational technology company announced Tuesday that it has developed a process that converts agricultural and forestry waste into renewable biocrude fuels for the maritime and aviation industries.
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