The UK shipping and maritime minister, Nus Ghani, highlighted the importance of the industry in achieving net-zero emissions by 2050, while opening the UK Chamber of Shipping and British Ports Association one-day conference on decarbonization last week.
The Abu Dhabi National Oil Company (ADNOC) plans to decrease its greenhouse gas (GHG) emissions intensity by 25% by 2030, to bolster its position as one of the least carbon-intensive oil and gas companies in the world.
After three years of stability, global CO2 emissions from fuel combustion started rising again in 2017, reaching 32.8 billion tons, according to data provided by IEA in late 2019. Provisional data show they grew even faster in 2018.
Lloyd’s Register conducted a report for the UK’s Oil and gas Authority (OGA) in efforts to explore the country’s upstream opportunities to cut its GHG emissions, amid its announcement in becoming the first major economy to pass a net zero law for greenhouse gas emissions.
The port of Rotterdam welcomed the European Green Deal which was presented in December 2019, commenting that it will boost Europe’s plans to tackle climate change and achieve its environmental goals. However, the authority seems sceptical of the Deal, commenting that “several of the measures stated in the Green Deal appear logical, but the detailing of these plans is still unclear.”
Energy produced at coal-fired thermal stations made up less than 5% of all electricity generated in 2019 in Spain, as natural gas and renewables become more profitable options. According to figures that Red Eléctrica de España (REE), the national power grid operator, advanced to EL PAÍS, the country has dramatically reduced its reliance on coal-fired power, and as a direct result, carbon dioxide (CO2) emissions from electricity generation fell 33.3% in 2019.
In line with the stricter environmental regulations applied in 2020, South Korea has introduced domestically new environmental laws applying voluntary speed limits for ships and emission control areas, according to data provided by North P&I Club.
Equinor officially announced its new climate goal to reduce absolute greenhouse emissions from its offshore areas and onshore plants located in Norway. Specifically the company informed that plans to cut the emissions at 40% by 2030, 70% by 2040, and to near zero until 2050.
IMO’s ambitious 2030 targets cannot be achieved only by switching conventional diesel oil to LNG as a marine fuel, but research in the field of other alternative fuels, such as ammonia and hydrogen, are also critical, says Japanese shipping company K Line.
The US EPA has awarded the Port of Baltimore $1.8 million in Diesel Emissions Reduction Act (DERA) funds to replace older diesel-powered equipment with newer, cleaner versions. The grant will cover about 44 dray trucks, commonly used for transporting shipping containers to and from the Port.
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