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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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A new Swedish iron processing project could disrupt the global steel industry

GreenBiz

Looking forward, with customers, investors and policymakers increasing pressure to adhere to the Paris Agreement, reducing greenhouse gas emissions is a critical element of maintaining competitiveness.

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Zero: Oil industry’s plan for climate action? More fossil fuels

Corporate Knights

When you look at the oil industry’s efforts to decarbonize, the results are lacklustre. By our count in 2022 – seven years after the Paris Agreement – the vast majority of oil companies still earn less than 1% of their revenue from renewable sources. Other underperformers on our list are U.K.