reducing carbon emissions

V-Bunkers Unveils First Electric-Hybrid Bunker Tanker in Singapore

Credits: Pixabay/ Pexels
  • These electric-hybrid bunker tankers are designed to significantly reduce carbon emissions in port locations and will be deployed for harbour operations within Singapore. 
  • The launch of these electric-hybrid bunker tankers is a significant milestone for V-Bunkers and demonstrates its commitment to sustainable shipping practices. 
  • The vessels were built by Zhejiang Shenzhou Sunshine Heavy Industry Co., Ltd. and were designed by a Singapore-based designer. 

Vitol’s...

https://mfame.guru/v-bunkers-unveils-first-electric-hybrid-bunker-tanker-in-singapore/

Global Deforestation Pledge Will Be Missed Without Urgent Action: Experts

Although global forest destruction slowed in 2021, the vital climate goal of ending deforestation by 2030 will be missed without urgent action, reports the Guardian.

The area devastated in 2021 regressed by 6.3% after progress in some countries, notably Indonesia. However, nearly 7 million hectares were still removed and the destruction of most tropical rainforests rich in carbon and biodiversity decreased by only 3%. The CO2 emissions resulting from the lost trees no longer absorbing carbon...

https://mfame.guru/global-deforestation-pledge-will-be-missed-without-urgent-action-experts/

Shell shifts sustainable fuels focus to aviation sector

Shell aims to produce 2 million tons of sustainable aviation fuel annually by 2025.

Royal Dutch Shell (NYSE: RDS.A) is building on its sustainable transition goals with an ambition to produce 2 million metric tons of sustainable aviation fuel (SAF) per year by 2025.

“Currently, sustainable aviation fuel accounts for less than 0.1% of the world’s use of aviation fuel. We want to help our customers use more SAF,” Anna Mascolo, president of aviation at Shell, said in a release Monday.

As the mode of transport that emits the most greenhouse gases per ton mile, aviation is an...

https://www.freightwaves.com/news/shell-shifts-sustainable-fuels-focus-to-aviation-sector

Schneider targets 60% drop in CO2 emissions per mile by 2035

Schneider shares sustainability goals in its first corporate responsibility report.

Schneider National (NYSE: SNDR) is driving toward a 7.5% reduction of CO2 emissions per mile by 2025 and a 60% reduction of CO2 emissions per mile by 2035. 

Sustainability goals were laid out in the trucking, logistics and intermodal service provider’s first corporate responsibility report, which was published Wednesday.

A Schneider spokesperson told FreightWaves an expansion of zero-emission vehicles and improved diesel efficiency will help the company reach these emissions-intensity goals.

“We’ll...

https://s29755.pcdn.co/news/schneider-targets-60-drop-in-co2-emissions-per-mile-by-2035

Norfolk Southern closes $500 million green bond offering

Norfolk Southern closed a $500 million green bond offering.

As companies struggle to find the capital needed to pursue and achieve their environmental targets, Norfolk Southern Corp. (NYSE: NSC) on Wednesday closed a $500 million green bond offering. Norfolk Southern called itself “the first Class I railroad in North America to issue green bonds” in the announcement. 

The point of green bonds is to raise capital for projects and transitions that make companies operate more sustainably or reduce emissions. Investors, in turn, can have confidence that...

https://s29755.pcdn.co/news/norfolk-southern-closes-500-million-green-bond-offering

NZCS chat recap: Challenging times loom in quest to reduce carbon emissions

Craig Fuller and Danny Gomez discuss post-Carbon world in transportation

FIRESIDE CHAT TOPIC: The future of transportation in a post-carbon world

DETAILS: Craig Fuller discusses the future of the transportation industry as it transitions to a carbon neutral world with Danny Gomez. 

SPEAKERS: Fuller is the founder and CEO of FreightWaves, a leading provider of data and analytics for the global logistics industry. Gomez is the managing director of financial and emerging markets at FreightWaves and focuses on introducing data analytics and tools to the transportation...

https://www.freightwaves.com/news/nzcs-chat-recap-challenging-times-loom-in-quest-to-reduce-carbon-emissions

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