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BP, Shell, oil giants fund research into mobile carbon capture from ships at sea

GreenBiz

A coalition of oil and gas majors are eyeing up the potential to capture carbon dioxide emissions from ships out at sea, teaming up with global tanker owner and operator Stena Bulk to evaluate the feasibility of technology they claim could play a key role in decarbonizing the hard-to-abate sector.

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Berge Bulk Launches Cargo Ship Using Wind-Assisted Propulsion to Cut Emissions

ESG Today

Berge Bulk added that the installation forms part of its ambition to become carbon neutral by 2025, and that it will evaluate the installation of WindWings on more of its vessels that trade on routes with favorable wind conditions. There’s still so much to do as we accelerate the transition to new fuel in the zero-carbon future.”

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Designing Net Zero Ports

3BL Media

As such, maritime, and ports in particular, are a visible part of transport decarbonization discussions. percent of global greenhouse gas emissions 1 and moves freight with some of the lowest carbon emissions per tonne.kilometre (t.km) 2 of any transport sector. of freight) of 40 percent, based on a 2008 baseline, by 2030.

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ClearBridge Investments Extends Its Long History of ESG Integration

3BL Media

“ClearBridge is seeing the potential for potential for new investment opportunities addressing nature-related risks, with new business models reducing demand for high-impact commodities, responsibly managing land and sea ecosystems, reducing pollution or enabling decarbonization.” ClearBridge has been a PRI signatory since 2008.

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Behind My Title of Chief Strategy and Sustainability Officer- And What It Means to Be an Impact Company

3BL Media

Take the decision we took to launch our unique Green PremiumTM program in 2008 to provide more sustainable products and be transparent with environmental information with our customers. In 2021, we launched the Zero Carbon Project to help our top suppliers halve their CO2 emissions in less than five years.

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Rayonier’s Land-Based Solutions: Advancing a Low-Carbon Economy

3BL Media

Thanks to advancements in technology, solar power has become one of the most affordable energy sources, with the levelized cost of electricity declining more than 80% from 2008 to 2022, according to this Berkeley Lab study. CCS demand is projected to grow rapidly, with an expected compound annual growth rate of 6.2

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Riding the ‘hydrogen wave’: A new fuel source for a shipping industry seeking lower emissions

Renewable Energy World

However, pressure is also mounting to address emissions from various “hard-to-decarbonize” sectors, such as shipping. For example, in 2018, the International Maritime Organization (“IMO”) adopted a goal of reducing greenhouse gas (“GHG”) emissions 50% below 2008 levels by 2050. This pressure comes from a variety of sources.