The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term c…
EU puts its foot down on Russian oil & gas imports with gradual phase-out Read More »
Governments at the International Maritime Organization (IMO) agreed to delay the planned adoption of the Net-Zero Framework (NZF) for one year in a vote at the Extraordinary Session of the Marine Environment Protection Committee (MEPC E.2) in London on…
IMO delays adoption of shipping carbon tax in ‘might is right’ show Read More »
Despite being far from perfect, the world’s first global carbon pricing scheme on any international polluter—global shipping— is expected to be adopted next week.
The post All eyes on London as maritime industry readies to adopt first global carbon…
With the United Kingdom’s government currently at a crossroads as it faces a critical decision over banning new North Sea exploration licenses or embracing a so-called science-backed approach that curbs emissions, Wood Mackenzie, an energy intelligence…
Clear regulatory signals, greater investment and cooperation among governments, industry and financial actors will be essential to driving the shipping industry’s transition, the United Nations Conference on Trade and Development (UNCTAD) said.
The po…
Significant costs ahead for shipping industry to decarbonize, UNCTAD says Read More »