Climate Crisis

Shipping’s Saving Grace For Reducing Emissions

Credits:michal-pech/Unsplash
  • The ongoing climate emergency makes the need to reduce emissions from shipping more urgent than ever.
  • While there is no single fuel that can replace HFO, there is a solution available in the very short term which will lower fuel costs and emissions.
  • Wind is, without a doubt, the fastest, cheapest way that shipping can reduce emissions in line with climate science.

Shipping’s singular focus on alternative fuels to lower costs and GHG emissions ignores the most...

https://mfame.guru/shippings-saving-grace-for-reducing-emissions/

New Skyscraper, Built to Be an Environmental Marvel, Is Already Dated

Credit: Michel Engels/Unsplash

An imposing new skyscraper in the middle of Manhattan called One Vanderbilt appears to be reaching for the future. It is one of the tallest structures in the world, piercing the sky like an upside-down icicle and fusing seamlessly with an increasing network of railways and other modes of transportation at its base, as reported by The New York Times.

Science project?

This unusual building was also built with consideration for climate change. It contains a...

https://mfame.guru/new-skyscraper-built-to-be-an-environmental-marvel-is-already-dated/

Hidden Underwater Forests Helpful In Tackling The Climate Crisis

Credits: Benjamin L. Jones/ Unsplash
  • Despite being one of the fastest growing plants on Earth, kelp has historically been difficult to map.
  • Seaweed forests can act as a vital buffer against the climate crisis, absorbing carbon dioxide from seawater and the atmosphere.
  • Underwater forests could also have a role in efforts to alleviate the world’s food security crisis, thanks to their rapid growth.

Bubbles stream furiously behind Frank Hurd as he gently parts the curtains of giant kelp. Green and...

https://mfame.guru/hidden-underwater-forests-helpful-in-tackling-the-climate-crisis/

DNV and partners launch CETO joint industry project (JIP) to develop low pressure solutions for CO2 ship transport

DNV and partners launch CETO joint industry project (JIP) to develop low pressure solutions for CO2 ship transport

Equinor, Shell, TotalEnergies, Gassco and DNV launched the CETO (CO2 Efficient Transport via Ocean) JIP to develop low-pressure solutions for the transportation of CO2 by ships.

Oslo, 21 December, 2021. Equinor, Shell, TotalEnergies, Gassco and classification society DNV announced the kick-off of a new JIP to develop low-pressure solutions for the transportation of CO2 by ships. The...

https://allaboutshipping.co.uk/2021/12/21/dnv-and-partners-launch-ceto-joint-industry-project-jip-to-develop-low-pressure-solutions-for-co2-ship-transport/

Harnessing monetary and fiscal policy for a changing world

Harnessing monetary and fiscal policy for a changing world

Wednesday 17 November 2021 – Vol.12 Ed.46.3

Commentary: Climate crisis will bring global stagflation

By Taylor Pearce in London

How much power do central banks have to address the climate change crisis? The answer, it would seem, is not much, especially if the implementation of global climate policy is postponed. Climate change will have a global stagflationary effect overall and will need to be addressed by tighter monetary policy....

https://allaboutshipping.co.uk/2021/11/17/harnessing-monetary-and-fiscal-policy-for-a-changing-world/

Progress but no victory at COP26, BoE’s November decision showcases flexible response to Covid climbdown, and more

Progress but no victory at COP26, BoE’s November decision showcases flexible response to Covid climbdown, and more

THE WEEKEND REVIEW Latest opinion and analysis from OMFIF around the world

8-12 November 2021, Vol.12 Ed.45

Most-Read Commentary

Progress but no victory at COP26: Never before has a United Nations climate summit been attended by so many financial institutions. Not everyone is viewing the financialisation of the COP as a positive, with activist Greta Thunberg describing it as a ‘global...

https://allaboutshipping.co.uk/2021/11/13/progress-but-no-victory-at-cop26-boes-november-decision-showcases-flexible-response-to-covid-climbdown-and-more/

COP26: the time for promises is over

COP26: the time for promises is over

John Faraclas

The failure of COP26 will be spectacular in the days, months and years to come. Promises, extensions, “taxes” and all that jazz which spin doctors create on behalf of business hooligans – wrong capitalists (a non ethics clan) will soon fail… At least in shipping and transport we are by far the most ecological business, and that’s a fact!

A Gordian knot policy by “leaders” of all 193 UN member- states is a must.

As we have always maintained, if we...

https://allaboutshipping.co.uk/2021/11/11/cop26-the-time-for-promises-is-over/

European shipowners support commercial operators to bear the costs of EU ETS and call for a sector-dedicated fund

European shipowners support commercial operators to bear the costs of EU ETS and call for a sector-dedicated fund

Claes Berglund, ECSA President and Director of Public Affairs and Sustainability at Stena

ECSA published today its policy paper on the EU ETS proposal. European shipowners welcome the increased climate ambition of the ‘Fit for 55’ package, recognising that the climate crisis is one of the greatest economic and environmental challenges our societies have faced.

European shipowners...

https://allaboutshipping.co.uk/2021/11/02/european-shipowners-support-commercial-operators-to-bear-the-costs-of-eu-ets-and-call-for-a-sector-dedicated-fund/

International Shipping Body Drops The Ball On Arctic Climate Crisis

Clean Arctic IMO 2020

Civil society groups have lambasted the International Maritime Organization (IMO) for failing to take action on the Arctic climate crisis, after plans to reduce black carbon emissions from shipping in the Arctic were bumped off the agenda of its Marine Environment Protection Committee meeting (MEPC 76), which ended today.

“During MEPC 76, the IMO and its Member States failed to carve out the time urgently needed to develop the rapid action necessary to reduce rising Arctic emissions of a potent...

https://www.marineinsight.com/shipping-news/international-shipping-body-drops-the-ball-on-arctic-climate-crisis/

Markets consider long-term implications of EU borrowing

Markets consider long-term implications of EU borrowing

Monday 14 June 2021 – Vol.12 Ed.24.1

Commentary: EU readies landmark for bond markets

By Philip Moore in London

The EU’s Next Generation fund has all the tools in place to launch the debut bond of a new €750bn entrant to the sovereign debt markets, two of its architects told an OMFIF event on 8 June. And they hinted at the possibility that this toolkit could be used for issuance beyond the fund’s initial mandate of 2026. The initiative, aimed...

https://allaboutshipping.co.uk/2021/06/14/markets-consider-long-term-implications-of-eu-borrowing/

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