Charting a course to a greener future for shipping

The industry’s current goal of reducing total annual GHG emissions by least 50 percent by 2050 compared to the 2008 baseline, is not ambitious enough to meet the immense climate challenge we face today. This needs to change and soon. While technology and biofuels have a role to play, ultimately the only way to achieve deep decarbonisation of shipping is by switching to low-emission fuels. With the right policy settings, we see large potential for producing two of these fuels – green ammonia and green methanol – in countries with access to abundant solar energy, wind power and land. At the […]

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