What does it take to decarbonize shipping? In our new perspective series, we dive into the issues from future marine fuels, alternative power solutions to regulatory options across the supply chain.
Today there are 90,000 ships in operation. They carry 80 percent of the world’s resources across the ocean, emitting almost one billion tonnes of greenhouse gasses each year. This is the equivalent of 13 million tanker trucks filled with gasoline. And if the sector continues to grow, emissions will increase by 250 percent in the next three decades.
The industry is looking to the future and taking steps to decarbonize. The goal is to reduce emissions by 50 percent by 2050.
But what will it take to decarbonize the shipping sector?