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International shipping has pledged to at least halve its GHG emissions by 2050 from 2008 levels, with many stakeholders pushing for full decarbonisation by that date. One policy option that could boost the green transition of the sector would be the introduction of a market-based measure, for instance carbon pricing, either in the form of . ....
World Bank Group (via Public) / The Pathway to Decarbonizing Mobility publicnow.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from publicnow.com Daily Mail and Mail on Sunday newspapers.
As air pollution once more soared to hazardous levels last week in Beijing, in Washington a panel of Chinese and other international experts explained some of the solutions to taking cars off the roads in the world’s most populous country, but there are few easy answers.Chinese cities are struggling to discourage driving after decades of unprecedented growth in car ownership, ....
Is LNG’s Role in Shipping’s Decarbonization Limited? LNG has long been touted as a major factor towards shipping’s switch to cleaner fuels. However, is this really the case today? In its latest weekly report, shipbroker Intermodal said that “after the World Bank recently rejected liquefied natural gas, LNG, as a sustainable fuel for shipping in the future, the battle for climate-friendly fuels has increased. The World Bank discovers that LNG may have a limited role in the decarbonization of the shipping sector”, which must halve CO2 emissions by 2050 measured against 2008. It is a niche fuel used on existing routes and special ships, states the World Bank’s report, which is titled The Role of LNG in the Transition toward Low- and Zero-Carbon Shipping. The World Bank also advises member countries against new investments in e.g. infrastructure and relevant policies that support the use of LNG as a bunker fuel for international shipping”. ....