On the occasion of its 125th tear anniversary on 24 January, Antwerp-based shipping company Compagnie Maritime Belge (CMB) announced it has offset all its CO2 emissions in order to have net zero CO2 emissions as from 2020.
Speaking at a UK-Africa investment summit in London, the UK prime minister Boris Johnson announced that the government will no longer finance coal-mining and coal-fueled power stations in developing countries, in the wake of the adverse effects brought by climate change.
US EIA forecasts year-over-year decreases in energy-related carbon dioxide (CO2) emissions through 2021. After decreasing by 2.1% in 2019, energy-related CO2 emissions will decrease by 2.0% in 2020 and again by 1.5% in 2021 for a third consecutive year of declines, EIA forecasts.
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.
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.
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.
EIA expects a 2.2% decline in CO2 emissions for 2019, in comparison to a 2.7% increase in U.S. energy-related carbon dioxide (CO2) emissions in 2018; The decrease will be the result of fewer emissions from coal consumption.
Shipowner associations representing the global maritime transport industry submitted a proposal to the IMO to form the world’s first collaborative shipping R&D programme for pushing work of CO2 emissions reduction from international shipping.
In fact, the International Chamber of Shipping (ICS), the European Community Shipowners’ Associations (ECSA), as well as the Spanish Shipowners’ Association (ANAVE) organized an event dedicated to the decarbonization of shipping, during COP 25, the UN Climate Change Conference, in Madrid.
IEA published the “Putting CO2 to Use” report focusing on the new opportunities of carbon dioxide use in the development of products and services. Specifically, those opportunities attract governments, industry and the investment community to pay attention in the issue, using CO2 to boost the yields of biological processes.
