EU agrees preliminary ETS deal for shipping

EU institutions have hammered out a preliminary agreement to include shipping within the scope of the emissions trading system (ETS). Under the deal struck late Tuesday evening, all ships of 5,000 gt and over within the EU will be required to pay for 100% of their emissions, while 50% of the emissions on voyages between

Nokia and stc to work together on netzero emissions

Nokia and stc confirm the adoption of energy-efficient solutions, enabling stc to reduce its carbon emissions and support its net-zero targets. The two signed a Memorandum of Understanding (MoU) that will see them work together across four areas: climate, society, digitalisation, and future of work with the aim of reducing carbon emissions and adopting sustainable

Can IOCL Panipat plant cut farm fires, emissions?

Can a public sector giant incentivise farmers to opt for alternative methods of stubble disposal, help marginally reduce India’s oil import bill, and prevent CO2 emissions to the extent that it may be the same as removing 62,000 cars from roads? The order may seem tall, but this is exactly what a central public sector

Cities with net zero promises falling short on tracking

More than half of cities with pledges to reach net zero emissions have no plan for how they’ll track and report progress, an analysis published said. The assessment, conducted by the research consortium Net Zero Tracker, adds to growing concern that non-state actors, including companies and cities, are using net-zero commitments to mislead or confuse

Decarbonisation of 84% of shipping emissions possible without IMO

A new study from Brussels-based NGO Transport & Environment (T&E) suggests Europe, China and the US could decarbonise 84% of all global shipping emissions without the need for the “ineffective” IMO. T&E analysis of 2019 automatic identification systems shows 84% of shipping traffic goes through Europe, China and the US. If these economies were to

At COP27 countries committed to cut emissions

Some of the world’s leading economies have committed to reducing greenhouse gas (GHG) emissions from fossil fuels, but said oil and gas consumption will persist as the energy transition takes shape as they seek to balance energy security with decarbonisation. At the Cop 27 UN climate summit today, the US, the EU, the UK, Japan,

Nearly all companies will miss netzero goals

While more than one-third (34%) of the world’s largest companies are now committed to Net Zero, nearly all (93%) will fail to achieve their goals if they don’t at least double the pace of emissions reduction by 2030, according to a new report from Accenture. Based on an analysis of commitments to emissions reduction and

Honeywell introduces ETJ fuel to cut emissions by 80%

The tech company Honeywell recently announced a new, innovative ethanol-to-jet (ETJ) fuel processing technology that allows ethanol producers to convert corn-based, cellulosic, or sugar-based ethanol into sustainable aviation fuel (SAF). According to Honeywell, depending on the type of ethanol feedstock used, jet fuel produced from their ETJ fuel process can reduce greenhouse gas (GHG) emissions

Port of Long Beach reports increased GHG emissions in 2021

The Port of Long Beach issued its 2021 emissions inventory report, presenting both good and bad news on its performance. The bad news is that record cargo volumes and the unusually high number of ocean-going vessels staying at anchor off the coast drove up greenhouse gas emissions by 22% over the baseline 2005 results. The

Maersk supports US Shipping Act

A.P. Moller – Maersk is backing the proposed legislation in the US that seeks to zero out pollution from all ocean shipping companies that do business with the United States. The bill, known as the Clean Shipping Act of 2022, was introduced in July 2022 by two California members of Congress representing the ports of