• Latest
  • Trending
  • All
MAN study finds current decade crucial for success of maritime energy transition

MAN study finds current decade crucial for success of maritime energy transition

April 25, 2021
Take Five: All about the data

Take Five: All about the data

May 27, 2022
U.S. equity funds pull first weekly inflow in seven weeks

U.S. equity funds pull first weekly inflow in seven weeks

May 27, 2022
Daily Briefing May 30 2022

Daily Briefing May 30 2022

May 27, 2022
Two laden Greek tankers seized by Iranian forces

Two laden Greek tankers seized by Iranian forces

May 27, 2022
ESG issues have reached tipping point for shipping

ESG issues have reached tipping point for shipping

May 27, 2022
World stocks eye first weekly gain in eight weeks, dollar hits 1-mth low

World stocks eye first weekly gain in eight weeks, dollar hits 1-mth low

May 27, 2022
Daily Briefing May 27 2022

Daily Briefing May 27 2022

May 26, 2022
After rocky period, U.S. stocks will end year up from current levels

After rocky period, U.S. stocks will end year up from current levels

May 26, 2022
World shares mixed on growth worries as central banks tighten

World shares mixed on growth worries as central banks tighten

May 26, 2022
Dry bulk vessel freed after detention in Bangladesh

Dry bulk vessel freed after detention in Bangladesh

May 26, 2022
Daily Briefing May 26 2022

Daily Briefing May 26 2022

May 25, 2022
Stocks edge up before Fed minutes, dollar off 1-month low

Stocks edge up before Fed minutes, dollar off 1-month low

May 25, 2022
Saturday, May 28, 2022
SHIPPING
  • Home
  • Shipping & Maritime News
  • News
  • Freight News
  • Interviews
  • Law
  • Port News
  • Regulation
  • More
    • World Economy News
  • Videos
No Result
View All Result
SHIPPING
No Result
View All Result
Home Regulation

MAN study finds current decade crucial for success of maritime energy transition

by shipping--admin
April 25, 2021
in Regulation
0
MAN study finds current decade crucial for success of maritime energy transition
491
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter


‍

The research outlines 4 eventualities that discover the way to attain the maritime business’s local weather targets by 2050, but additionally take into account the failure to take action.

“The maritime business at the moment has a purpose, however not but a approach to get there,” stated Dr Uwe Lauber, CEO of MAN Vitality Options. “By 2050, the IMO needs greenhouse-gas emissions to fall by 50%, nonetheless these targets haven’t but been backed up by concrete measures.” In keeping with Lauber: “Time is urgent – 2050 is only a single ship-generation away.”

MAN Vitality Options additionally sees the research as a wake-up name. “With shipping, everybody at all times talks in regards to the technical facet. Technically, nonetheless, the maritime vitality transition has lengthy been possible. For years, the problem has been on the political and an general, societal degree,” stated Lauber, summing up the scenario. “Immediately, we will construct engines that run on zero-emission fuels however making the choice to ramp up artificial fuels out there just isn’t one thing we will do alone.”

#AHOY2050 subsequently approaches shipping as a part of a world ecosystem. Starting with societal consciousness of the issue and the significance of local weather safety – and increasing it to commodity costs, world financial growth and Covid-19 – a mess of things affect world shipping. Lauber stated, “It’s these interrelationships that may largely decide how resolutely the maritime vitality transition is pursued.”

To this finish, #AHOY2050 gathers weighty voices from the business and past. For the qualitative half, the Fraunhofer Institute interviewed some 40 consultants from all areas of the maritime business, but additionally from associations, science and politics. Over 30 business consultants subsequently mentioned the eventualities drafted on this foundation in a workshop.

By way of 4 eventualities, the research exhibits attainable growth paths for the shipping business and their ramifications. It views the marine business as a part of a world ecosystem that’s delicate to general societal and financial selections. In two of the eventualities, local weather targets are met and even exceeded by 2050. In contrast, the opposite two eventualities level to the potential failure of local weather coverage.

In keeping with one key take-away, left to market forces, the shipping business may persist in a self-optimisation mode the place the main target would then be on additional maximizing effectivity with no actual change going down. A regulatory framework supported by social consensus, however, may set off not solely such a technological change, but additionally a growth in shipping because of this. A whole ban on fossil fuels within the second half of the last decade may considerably promote such a growth, based on the research.

In Lauber’s view, a transparent political course and world regulation are the important thing parameters for a profitable maritime vitality transition: “If the world turns into entangled in egocentric pursuits, we won’t obtain a local weather turnaround. In distinction, a smartly-set, world, regulatory framework can flip the decarbonisation of shipping right into a progress engine for the business. In any case, if the worldwide provide chain is constantly geared towards local weather safety, ships are far superior to all different modes of transport.”

The whole research and all 4 eventualities can be found for obtain here

‍



Source link

Tags: crucialcurrentdecadeEnergyfindsManMaritimeStudysuccesstransition
Share196Tweet123Share49
shipping--admin

shipping--admin

  • Trending
  • Comments
  • Latest
Michelin To Use Sailing Cargo Ships For Tire Transport

Michelin To Use Sailing Cargo Ships For Tire Transport

February 11, 2021
Precise, Focussed on Legal Detail

Precise, Focussed on Legal Detail

February 4, 2021
Leigh Spencer: Man who died in trawler incident named locally – BBC News

Leigh Spencer: Man who died in trawler incident named locally – BBC News

February 8, 2021
Take Five: All about the data

Take Five: All about the data

0
Brexit deal reaction from Irish Exporters & Road Haulage Associations

Brexit deal reaction from Irish Exporters & Road Haulage Associations

0
Chasing the 100 million tonnes target

Chasing the 100 million tonnes target

0
Take Five: All about the data

Take Five: All about the data

May 27, 2022
U.S. equity funds pull first weekly inflow in seven weeks

U.S. equity funds pull first weekly inflow in seven weeks

May 27, 2022
Daily Briefing May 30 2022

Daily Briefing May 30 2022

May 27, 2022

Recent News

Take Five: All about the data

Take Five: All about the data

May 27, 2022
U.S. equity funds pull first weekly inflow in seven weeks

U.S. equity funds pull first weekly inflow in seven weeks

May 27, 2022
Daily Briefing May 30 2022

Daily Briefing May 30 2022

May 27, 2022

Categories

  • Freight News
  • Interviews
  • Law
  • Maritime Reporter
  • News
  • Port News
  • Regulation
  • Shipping
  • Uncategorized
  • Videos
  • World Economy News

Follow Us

Contact Us

  • About Us
  • Contact Us
  • Privacy & Policy

© 2020 SHIPPING

No Result
View All Result
  • Home
  • Shipping & Maritime News
  • News
  • Freight News
  • Interviews
  • Law
  • Port News
  • Regulation
  • More
    • World Economy News
  • Videos

© 2020 SHIPPING