Carbon ambitions remain all at sea
The shipping industry needs firm rules on how to calculate the lifecycle emissions of alternative fuels before it can start to build a low-carbon future, according to ABS
Fresh from complying with the International Maritime Organization (IMO) 2020 regulations on low sulphur fuel, the shipping industry is facing the challenge of reducing CO2 emissions of its fuels by at least 40pc by 2030 and 70pc by 2050. This will require energy efficiency gains and decarbonisation measures at the very least—and, later, adopting entirely new types of fuel. Georgios Plevrakis, director of global sustainability for US maritime classification society ABS, is at the centre of this challenge. His global sustainability team is spread across four centres in Singapore, Athens, Copenhagen and Houston. It aims to support shipping companies with practical guidance to meet the sustainab
Also in this section
10 May 2024
Launch of project powered by geothermal energy in Iceland marks step forward in push to scale up expensive direct-air-capture technology
8 May 2024
Allowance prices rise 34% since start of year as regulator imposes tighter limits and considers reduction of free allocations
7 May 2024
Policymakers should consider backing enhanced weathering as a CDR technique with benefits to the agricultural sector
3 May 2024
Developers look to government’s forthcoming budget to restore support as industry suffers loss of momentum