Report: Climate Change Could Cost Shipping $25B Per Year
Climate change has the potential to cause $25 billion in losses for shipping every yearif no tangibl...
Stay updated with breaking news from Zero Coalition. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Climate change has the potential to cause $25 billion in losses for shipping every yearif no tangibl...
Rising sea levels and increasingly extreme weather are expected to cost ports and shippers billions of dollars annually.
Shipping decarbonization depends on net zero fuels, and ammonia, methanol and biofuels have different roles to help this transition. Lifecycle analysis can help colour scales to measure shipping emissions and compare fuels more equitably. The shipping industry is calling for decisive government action and enabling policy frameworks to scale the use of zero-emission fuels to foster collaboration, deploy a transition strategy and develop green corridors.
Despite the long road that lies ahead, after years of lobbying efforts there is finally a shift in the collective mindset of the shipping industry to put more emphasis on its carbon footprint. This report highlights key regulations, actions and initiatives that shape the green shipping narrative. How the shipping industry is evolving towards 2030 ...
While the impact of COVID-19 on seafarers and port congestion have grabbed headlines over the past year, no single issue has dominated the maritime industry press more than decarbonization as climate change represents the greatest challenge of this century. According to the U.S. Environmental Protection Agency (EPA), transportation – including road, rail, air and marine ...