The Inland Waterways Authority of India (IWAI) decided to start a project to present the use of methanol as maritime fuel. This is an attempt to boost shipping on Indian waterways. Namely, orders have been placed to Cochin Shipyard to retrofit vessels to run on methanol.
The world’s advanced economies will see a rise in their carbon dioxide emissions in 2018, overturning a five year-long decline, IEA reported. Namely, CO2 emissions in North America, the European Union and other advanced economies in Asia Pacific will rise by about 0.5% in 2018.
The UN Environment issued its annual Emissions Gap Report providing an assessment of current national mitigation efforts and the ambitions countries have presented in their Nationally Determined Contributions, under the Paris Agreement. The report identifies current commitments by states as inadequate to bridge the emissions gap by 2030, while it reveals that there is no sign of improvement on GHG.
Crown Estate Scotland signed its first ever lease option for carbon dioxide storage. The project will be based at the St Fergus Gas Terminal on the Aberdeenshire coast and aims to leverage oil and gas assets to deliver large scale, cost-effective CO2 transport and storage infrastructure in the Central North Sea.
Until now, scientists believed the main source of biomass on the seafloor was the organic matter, as dead fish and plankton, that floated down towards the depths. However, now scientists from the Heriot-Watt University in Edinburgh discovered that bacteria in the deepest parts of the seafloor are absorbing CO2 and could be turning themselves into an additional food source for other deep-sea life.
Technology Centre Mongstad (TCM) and DNV GL have signed a MoU to deliver advisory and verification services for CO2 capture technology. Carbon capture and storage is the only available technology for mitigating climate change in certain industries such as cement production and the use of oil and gas.
The Project Forward initiative led by Athens-Based Arista Shipping, with Finnish Wärtsilä as one of the participants, demonstrates that with LNG as fuel, an advanced hull design, and highly efficient propulsion machinery, it will be possible to meet the IMO’s target for a 40% reduction in carbon intensity by 2030.
The Methanol Institute has welcomed the findings of the MethaShip research project which has concluded that renewable Methanol offers a long term solution for the industry’s carbon emission reduction strategy, in line with the IMO’s statutory framework for an industry-wide reduction of CO2 emissions.
Limiting global warming to 1.5°C would require rapid, far-reaching and unprecedented changes in all aspects of society, IPCC said in a new report, noting that limiting global warming to 1.5°C compared to 2°C could go hand in hand with ensuring a more sustainable and equitable society.
The UK Maritime & Coastguard Agency informed of two serious and potentially near fatal accidental CO2 releases on UK ships in the last two years. In both cases the CO2 leaked from the manifold into the CO2 room. UK MCA reminds operators that CO2 is highly asphyxiating.
