Phase-out of fossil fuels in shipping begins in earnest: IMO measures unlikely to reach GHG reduction targets, but close the LNG business case and send clear long run signal for hydrogen-derived fuels

The IMO’s Marine Environment Protection Committee 83rd meeting has concluded with a weak agreement on mid-term measures that does not reduce the sector’s emissions in line with targets in the IMO’s revised GHG strategy. The agreement, constitutes a fuel standard (a mandate on the GHG intensity of...

https://www.hellenicshippingnews.com/phase-out-of-fossil-fuels-in-shipping-begins-in-earnest-imo-measures-unlikely-to-reach-ghg-reduction-targets-but-close-the-lng-business-case-and-send-clear-long-run-signal-for-hydrogen-derived-fuels/