Australia will have to invest in renewable energy and carbon capture and storage at unprecedented speed and scale in order for the economy to achieve net zero carbon emissions by 2050, modelling released on Thursday showed.
By Reuters Staff
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LONDON, April 21 (Reuters) - Maersk Oil Trading (MOT), part of Denmark shipping group Maersk, has appointed Urszula Uszko as global head of renewable fuels in Copenhagen, the company said on Wednesday.
A spokeswoman for Maersk said Uszko, who was previously at BP, will start Aug. 1.
MOT is the bunkering and oil trading arm of the group and is key to its decarbonisation goals. Maersk, with a fleet of over 700 ships, aims to be carbon neutral by 2050. The firm plans to have its first carbon neutral vessel, running on methanol, operational by 2023.
Reporting by Julia Payne; editing by Jason Neely, Kirsten Donovan