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European Commission sees maritime, aviation sector hardest to decarbonize amid fresh targets

European Commission sees maritime, aviation sector hardest to decarbonize amid fresh targets The European Commission has set out new targets for decarbonizing transport, highlighting that aviation and waterborne transportation face greater decarbonization challenges because of a lack of market-ready zero-emission technologies. It comes amid industry concerns about regional climate regulations. Maritime transportation and aviation face similar challenges of long development and life cycle of vessels, large investments in refueling equipment and infrastructure and international competition, the EC said in supplementary material to its Sustainable and Smart Mobility Strategy Dec. 9. In order to improve the energy efficiency and reduce emissions of aircraft and vessels, ambitious standards for their design and operation must be promoted, the main strategy document said, also published Dec. 9.

United Airlines aims to offset emissions by 2050 via carbon capture | Money

Thursday, 10 Dec 2020 09:42 PM MYT A United Airlines passenger jet takes off with New York City as a backdrop, at Newark Liberty International Airport, New Jersey December 6, 2019. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. NEW YORK, Dec 10 United Airlines said today that the company plans to totally offset its greenhouse gas emissions by 2050 through a technique that captures carbon directly from the atmosphere and stores it in the ground.  United said it plans to invest several million dollars in a company that specialises in such technology, 1PointFive, which was created by Occidental Petroleum Corporation and private equity firm Rusheen Capital Management, according to a statement.

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