Tag: COP27

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Ten organizations commit to rapid adoption of green hydrogen-based fuels

Leading organizations and initiatives across the shipping value chain, joined by the  largest producers of green hydrogen, signed on to a joint statement at COP27, committing to the rapid and ambitious production and use of low-carbon fuels based on green hydrogen to accelerate decarbonization of global shipping. The shipping sector  currently accounts for 3 percent of global greenhouse gas emissions but is expected to  grow to 50 percent by 2050 without intervention.

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