Reducing Carbon Emissions by 11% While Saving $437b Annually!

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  • Research undertaken by the Energy Efficiency Movement
  • Supported by leading global industrial players including ABB, Alfa Laval and Microsoft
  • Savings of 4 gigatons of carbon emissions delivered via 10 key actions using mature technologies which can be deployed quickly

As industry is facing the unprecedented challenge to meet global decarbonization targets while addressing growing demand, a new report from the Energy Efficiency Movement (EEM) demonstrates how...

https://mfame.guru/reducing-carbon-emissions-by-11-while-saving-437b-annually/

GCMD Achieves 20% Emission Reduction

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The Global Centre for Maritime Decarbonisation (GCMD) has found that emissions from a dual-fuel liquified petroleum gas (LPG) vessel saw a 20% reduction when using vegetable oil blended biofuel as opposed to very low sulphur fuel oil, says an article published on offshore-technology.

Pilot fuel for LPG propulsion

GCMD has been undertaking a series of trials using different biofuel blends in maritime shipping to reduce CO₂ emissions.

The latest blend, used in the third of...

https://mfame.guru/gcmd-achieves-20-emission-reduction/

Global Shipping Poised To Get A New Climate Strategy

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The world’s largest shipping companies are starting to update their fleets for a greener future. Maersk received the world’s first dual-fuel methanol container ship in July 2023, and dozens more container ships that can run on alternative fuels are currently on order, reports The Conversation.

GHG emissions

The industry – responsible for about 3% of global greenhouse gas emissions, more than Canada and Ireland combined – has reasons to act and to have some confidence in its...

https://mfame.guru/global-shipping-poised-to-get-a-new-climate-strategy/

8 Shipping Technologies To Help Decarbonise The Industry

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Almost every traded good in existence has sailed the high seas. The constant flow of products across oceans is necessary for meeting growing consumer demand. However, global shipping is also a significant driver of climate change, emitting more greenhouse gases than most countries, reports Trade Finance Global.

Reducing the carbon footprint1. Improved ship design

Rounded hulls — a traditional ship shape — are falling out of favour in the cargo industry. Coupled with...

https://mfame.guru/8-shipping-technologies-to-help-decarbonise-the-industry/

New Emissions Targets May Sink LNG’s Appeal As A Fuel For Ships

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The International Maritime Organization has closed a loophole that had been driving an increased interest in using LNG to fuel ships, reports Vancouver Sun.

Emission standards

Earlier this month, the International Maritime Organization finalized stricter global emissions standards for the maritime industry while closing a significant regulatory loophole that had been spurring the use of LNG as a shipping fuel.

LNG has lower CO2 emissions than other fossil fuels used in shipping,...

https://mfame.guru/new-emissions-targets-may-sink-lngs-appeal-as-a-fuel-for-ships/

California Grants Port Of Long Beach $383m For Clean Air Projects

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The Port of Long Beach will receive a $383.35 million grant from the California State Transportation Agency to complete a series of construction and clean-air technology projects to accelerate the transformation to zero-emission operations, reports Seatrade Maritime.

Zero emission

The State’s Port and Freight Infrastructure Programme will get nearly $225 million to fund a variety of zero-emissions cargo-moving equipment and supportive infrastructure projects throughout...

https://mfame.guru/california-grants-port-of-long-beach-383m-for-clean-air-projects/

EU Agrees on Well-To-Wake GHG Limits To Energy Used on Board Ships from 2025

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Classification society DNV on Tuesday (16 May) published a technical and regulatory news titled ‘The EU agrees on well-to-wake GHG limits to energy used on board ships from 2025’. It focuses on the EU’s legislative bodies reaching an agreement on the FuelEU Maritime regulation setting well-to-wake GHG emission intensity requirements on energy used on board ships trading in EU from 2025. From 2030, the regulation also mandates the use of shore power for container and passenger ships...

https://mfame.guru/eu-agrees-on-well-to-wake-ghg-limits-to-energy-used-on-board-ships-from-2025/

Is Blue The New Green? Developing A Climate-Resilient Blue Economy

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The World Bank defines the blue economy as “the sustainable use of maritime resources for economic growth, jobs, and improved livelihoods while preserving the marine ecosystem’s health.” The aim is to strike a balance between conservation and resource extraction when developing marine-based economies. The blue economy can offer huge potential in the area of climate change mitigation and resilience, given the fact that marine habitats, such as mangroves, tidal...

https://mfame.guru/is-blue-the-new-green-developing-a-climate-resilient-blue-economy/

South Korea Revises 2030 Target For Greenhouse Gas Emissions

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South Korea revised its 2030 targets for greenhouse gas emissions April 11 under which major polluters of energy-intensive manufacturers, such as oil refiners, chemical companies and steelmakers, are given reduced burdens on the back of a bigger role of nuclear to power Asia’s fourth-biggest economy, reports SP Global.

About the plan

The final version adjusted targets for two sectors — lowering the target for the industrial sector while raising the target for the...

https://mfame.guru/south-korea-revises-2030-target-for-greenhouse-gas-emissions/