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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. Faïg Abbasov, head of shipping at campaign group Transport & Environment, told BusinessGreen the proposal was "essentially an empty shell." "To Cecilia Keating.

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

GreenBiz

BP, Shell, oil giants fund research into mobile carbon capture from ships at sea. Expanding carbon capture to long-distance marine shipping could help accelerate its use, while addressing a difficult to abate sector of the transport industry.". Expanding carbon capture to long-distance marine shipping could help accelerate its use.

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Amazon aims to clean up aviation

GreenBiz

But in reality, with revenues and ticket sales way down, there's only so much commercial airlines actually will do to meet decarbonization goals. More specifically, Amazon's air shipping business, which along with its entire global logistics supply chain juggernaut is booming. . Enter air cargo.

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3 actions the industry can take to decarbonize shipping

Environmental News Bits

Shipping must align with the Paris Agreement temperature goal and be run entirely on net-zero energy sources by 2050. Over 200 signatories to the industry-led Call to Action to decarbonize shipping firmly believe that urgent and equitable decarbonization of the maritime supply chain by 2050 is possible and necessary.

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Biden Administration Unveils Strategy to Decarbonize Transportation Sector

ESG Today

National Blueprint for Transportation Decarbonization on Tuesday, its multi-department set of strategies and actions aimed at eliminating nearly all emissions from the U.S. National Blueprint for Transportation Decarbonization. The Biden administration released the U.S. transportation sector by 2050. domestic GHG emissions.

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Maersk Sources 100,000 Tonnes of Green Methanol to Support Fleet Decarbonization Goals

ESG Today

Maersk said that it intends to purchase the full volume of green methanol produced, with options for the output of subsequent facilities at other locations, forming part of the company’s fleet decarbonization efforts. Maersk currently has 19 green container vessels on order capable of operating on green methanol.

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CIP Raises €3 Billion for Industrial Decarbonization-Focused Energy Transition Fund

ESG Today

Energy infrastructure investment manager Copenhagen Infrastructure Partners (CIP) announced that it has raised €3 billion for CI Energy Transition Fund I, its new fund aimed at investing in next generation renewable energy infrastructure, with a particular focus on decarbonizing hard to abate industries. The fund surpassed its prior €2.25