Some Burning Questions Related to Shipping

  • Greg Atkinson, chief technology officer at Japan’s Eco Marine Power, was invited by the Credit Suisse Research Institute (CSRI) last month.
  • He had to participate in meetings related to the energy transition – a term that encompasses the shift away from fossil fuels and towards a reduction in greenhouse gas (GHG) emissions.

During his presentation he suggested that shipping needed to deal with some uncomfortable questions. That is to say, the discussion needed to move beyond contemplating...

https://mfame.guru/some-burning-questions-related-to-shipping/

DNV GL’s Energy Outlook Predicts Deep Decarbonization 15 Years Away

  • DNV GL’s Energy Transition Outlook 2020 provides an independent forecast of developments in the world energy mix to 2050.
  • Deep decarbonization of the world’s energy system is still 15 years away, with carbon emissions set to remain stubbornly high until the mid-2030s.
  • Carbon dioxide emissions from energy use will fall just 15% to 2035, before then dropping 40% to 2050.
  • The oil and gas industry will account for over 80% of world energy-related carbon emissions in 2050.
  • The energy forecast shows...

https://mfame.guru/dnv-gls-energy-outlook-predicts-deep-decarbonization-15-years-away/

COVID-19 Pandemic To Impact World’s Energy Transition

  • COVID-19 will have a dramatic impact on short-term energy supply and demand.
  • World GDP will shrink 6% in 2020 with lingering effects of the pandemic.
  • The pandemic will reduce energy demand through to 2050 by 8%.
  • This will result in energy demand in 2050 at almost exactly the level it was in 2018.
  • Demand for manufactured goods globally will need almost four years to recover to 2019 levels.

The coronavirus pandemic will have a dramatic impact on energy supply and demand in the short term and...

https://mfame.guru/covid-19-pandemic-to-impact-worlds-energy-transition/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon