Maersk finalizes ECO delivery deal with Amazon

A.P. Moller – Maersk (Maersk) and Amazon have finalized a 2023-2024 agreement for the transport of 20,000 FFE containers using green biofuel through Maersk’s “ECO Delivery” ocean product offering. Maersk estimates this purchase will contribute to a reduction in 44,600 metric tons of CO2e vs standard bunker fuel, roughly equivalent to 50 million pounds of

India must emerge as hub for green shipping: RK Singh

The union minister for new and renewable energy RK Singh on Tuesday that India can become the refuelling destination for green ships run on green hydrogen. Addressing a conference on green hydrogen pilots in India organized by NTPC, the minister said that many green hydrogen pilots are going on in India and across the world.

It is tough to implement carbon market

An ambition to develop carbon market—the government recently announced a National Steering Committee—is a welcome development. It reflects political and economic maturity to use competition as the preferred option to achieve the desired policy objectives. It is particularly interesting because the tradeable commodity i.e., carbon emission reduction, is a notional construct. It was devised to

Cirkla secures funding for sustainable packaging solutions

Cirkla aims to provide large-scale businesses with sustainable packaging solutions. It utilises a range of raw categories, including moulded fibre, recycled polymers, pulp and paper, and other advanced technologies. The startup has already partnered with multiple global brands in the CPG, food service, and healthcare space, expanding its reach across the US, UK, EU, and

Opna to help companies funding carbon projects

Opna, a London-based company, which rebranded from Salt some three months ago, announced it has raised $6.5 million in seed funding as it looks to connect projects with corporates seeking to address their emissions as part of the so-called voluntary carbon market (VCM). It is setting out to solve, with a platform that helps corporations

Kenya bets on carbon credits as it hosts African climate summit

Cash-strapped African nations want a much bigger share of a $2-billion market that is forecast to grow five-fold by 2030. Africa only produces 11 percent of the world’s offsets yet boasts the planet’s second-largest rainforest and tracts of carbon-absorbing ecosystems like mangroves and peatlands. Kenyan President William Ruto, who is hosting a climate summit in

Canada carbon capture project struggles to get key contract

Canada is struggling to get a key tool in place for major carbon capture and storage (CCS) projects, said a representative of one of the largest such ventures, as the country seeks to launch incentives vital to cutting emissions from Alberta’s oil sands. A government fund has told the Pathways Alliance, comprised of the six

Indian ports gain 20 EoIs for green hydrogen

India’s Ministry of Ports, Shipping and Waterways (MoPSW) has gained over 20 EoIs (Eloquence of Hobby) from companies focused on taking part in inexperienced hydrogen technology, garage, bunkering and refuelling tasks being advanced throughout 3 of its primary ports, Kandla, Tuticorin and Paradeep. Of those, greater than 15 are focused on Kandla’s Deendayal Port, the

Why energy giants are betting big on biogas?

India is known to be the pioneer of biogas and in an interesting development this green fuel is seeing renewed interest from major India Inc players in the energy sector. The inception of biogas dates back to 1897 when British civil engineer Charles James initiated the first biogas plant during his work on the drainage

Start measuring harmful ship emissions

Ice caps are melting at an alarming rate. Heatwaves are hitting southern Europe, the US and Asia with a vengeance. Unusually heavy rainfall is destroying homes and infrastructure. This summer has once again highlighted the significant impacts of climate change and there is a broad consensus that everyone has a role to play in the

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