By Nina Chestney LONDON, July 2 (Reuters) - A global goal to achieve net zero carbon emissions by 2050 will not be met without a huge acceleration in clean energy innovation, the International Energy Agency (IEA) said on Thursday. The 2015 Paris Agreement set a target to curb global warming and reach net zero emissions in the second half of the century. In a special … [Read more...]
Norway’s $2.6 Billion Carbon Capture Bet Could Help Save the Planet
By Akshat Rathi (Bloomberg) -- Plentiful reserves of fossil fuels and rich seams of valuable minerals are no guarantee of national health, wealth or happiness. The “resource curse” has blighted many countries: Venezuela and the Democratic Republic of Congo, for example, have suffered from years of graft, civil unrest and poverty. After discovering oil in the 1960s, Norway … [Read more...]
Samsung Heavy, Bloom Energy Partner to Develop Zero-Emissions Cargo Vessels
By Dimitra Kessenides and Kyunghee Park (Bloomberg) --Samsung Heavy Industries Co. and Bloom Energy have announced an agreement to develop cleaner power for ships by jointly designing fuel cell-powered vessels that will reduce carbon emissions and help improve air quality. The plan is to initially develop eco-friendly vessels that carry liquefied natural gas and will be … [Read more...]
Maersk Heads Zero-Carbon Drive with $60 million Research Center
By Nikolaj Skydsgaard COPENHAGEN, June 25 (Reuters) - The world's largest container shipper, A.P. Moller-Maersk, will team up with industry majors to set up a research center in Denmark with the aim of reducing carbon emissions in the shipping industry. Denmark's Maersk, which aims to be carbon-neutral by 2050, said on Thursday the research center would combine knowledge … [Read more...]
MSC to Roll-Out Carbon Offsetting Option for Customers
By Gavin van Marle (The Loadstar) - MSC is set to roll-out a customer carbon offsetting programme it has been trialling since last year. Since early 2019, it has been developing its ‘MSC Carbon Neutral Programme’ with low carbon solutions provider South Pole, which will “deliver measurable benefits aligned with the goals of the Paris Agreement and the UN Sustainable … [Read more...]