What fuel will ships burn as they move toward net zero?

Mongabay
Mongabay
2M ago
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The shipping industry is racing to adopt low- and zero-carbon fuels ahead of a crucial vote on global regulations, with green methanol and ammonia emerging as leading options.
What fuel will ships burn as they move toward net zero?
A What happened
The global shipping industry is on the brink of a significant transition towards low- and zero-carbon fuels, driven by impending regulations from the International Maritime Organization (IMO). A crucial vote is set for mid-October, where over 100 nations will decide on a framework aimed at reducing carbon emissions in shipping. Current fuels, primarily oil-derived, contribute to approximately 3% of global greenhouse gas emissions. Experts are debating the merits of various alternative fuels, with green methanol and green ammonia emerging as frontrunners for sustainable long-term solutions. While biofuels may serve as bridge fuels, their sustainability is contingent on feedstock sources. The transition to alternative fuels will require substantial investment in new technologies and infrastructure, and the outcome of the IMO vote will significantly influence the pace and direction of this shift.

Key insights

  • 1

    Regulatory Impact: Pending regulations could drastically change fuel standards in shipping.

  • 2

    Alternative Fuels: Green methanol and ammonia are seen as leading options for sustainable shipping.

  • 3

    Biofuels as Bridge Fuels: Biofuels may serve as transitional solutions but raise sustainability concerns.

  • 4

    Investment Challenges: Transitioning to alternative fuels requires significant investment and infrastructure.

  • 5

    Global Emissions: Shipping accounts for about 3% of global greenhouse gas emissions.

Takeaways

The future of shipping fuels hinges on regulatory decisions and technological advancements.

Topics

Climate & Environment Climate Change Sustainability Energy Business & Markets Innovation World & Politics Governance