Envirotec Magazine

MARCH 25, 2024

Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions limits, according to a report launched by technology firm Wärtsilä on 21 March. iii Transporting 80% of world trade, shipping is the engine room of the global economy.

Shipping 59

Shipping Net Zero Stranded Assets Global Economy 59

Corporate Knights

JULY 25, 2023

The policy won’t affect money that has already gone out the door or commitments that have already been signed, there is no published calculation of the future subsidies that will now be foregone, and the documents provide no cost figures for 129 non-tax measures that could be shifted as a result of this week's announcement.

Paris Agreement 246

Paris Agreement Bend the Curve Carbon Offsets Stranded Assets 246

Corporate Knights

MARCH 20, 2023

Delaying those actions “would lock in high-emissions infrastructure, raise risks of stranded assets and cost escalation, reduce feasibility, and increase losses and damages.” But some meeting participants warned that those delays are baked into the process by some of the key assumptions in the IPCC’s modelling.

Climate Change 282

Climate Change Stranded Assets Decarbonize Paris Agreement 282