MAN study: Fossil fuels use in shipping should be banned by 2030
April 22, 2021,
by
Jasmina Ovcina
The use of fossil fuels in the shipping industry will need to be banned in the latter half of the decade if the industry is to meet its decarbonization efforts, a study by MAN Energy Solutions shows.
The study, carried out in partnership with the Fraunhofer Institute for Systems and Innovation Research (ISI), outlines four scenarios that explore how to reach the maritime industry’s climate targets by 2050.
In two of the scenarios, climate targets are met or even exceeded by 2050. The transformation is driven by technological change, creating a clear competitive advantage for the shipping industry and is acting as a driver for growth.