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Perhaps the largest concern over a voluntary carbon credit market is whether it is a form of greenwashing, especially when low-quality credits are used. ....
Transport Capital, a globally-recognised investment management and advisory firm focused on the maritime and aviation industries, has launched its new venture capital arm named TC Ventures. Based in Singapore, TC Ventures will focus on startups offering compelling solutions for transportation’s two mega challenges: decarbonisation and digitalisation. TC Ventures not only provides capital but makes a . ....
AP Moller Maersk halts buying of ships without zero carbon capability One of the world’s largest shipping companies by fleet size, AP Moller Maersk, has halted purchase of container ships that are unable to totally eliminate carbon emissions, a top company official said late April 20. “Going forward, we will only order ships which have zero carbon emission capability,” managing director of the company’s Singapore arm, Rene Piil Pedersen told S&P Global Platts on the sidelines of the Marine Money conference held in Singapore on April 20. This means that even though these new ships will have dual fuel engine capability and can use diesel when zero carbon emitting fuels are unavailable, this will only be opted as a last resort. ....