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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Green groups urge UN to raise climate ambition on global shipping. The global shipping industry's decarbonization efforts once again face stormy seas. Faïg Abbasov, head of shipping at campaign group Transport & Environment, told BusinessGreen the proposal was "essentially an empty shell." "To Cecilia Keating.

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3 actions the industry can take to decarbonize shipping

Environmental News Bits

Shipping must align with the Paris Agreement temperature goal and be run entirely on net-zero energy sources by 2050. The private … Continue reading 3 actions the industry can take to decarbonize shipping. Read the full story at GreenBiz.

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JPMorgan Raises Targets to Reduce Financed Emissions to Align with Net Zero by 2050

ESG Today

JPMorgan Chase announced updates to its interim financed emissions reduction targets for three carbon-intensive sectors, including Oil & Gas, Electric Power and Auto Manufacturing, raising the ambition for each to align with pathways required to achieve net zero by 2050.

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Amazon aims to clean up aviation

GreenBiz

But in reality, with revenues and ticket sales way down, there's only so much commercial airlines actually will do to meet decarbonization goals. More specifically, Amazon's air shipping business, which along with its entire global logistics supply chain juggernaut is booming. . Enter air cargo.

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Biden Administration Unveils Strategy to Decarbonize Transportation Sector

ESG Today

National Blueprint for Transportation Decarbonization on Tuesday, its multi-department set of strategies and actions aimed at eliminating nearly all emissions from the U.S. The Biden administration released the U.S. transportation sector by 2050. domestic GHG emissions.

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Maersk Sources 100,000 Tonnes of Green Methanol to Support Fleet Decarbonization Goals

ESG Today

Maersk said that it intends to purchase the full volume of green methanol produced, with options for the output of subsequent facilities at other locations, forming part of the company’s fleet decarbonization efforts. Maersk currently has 19 green container vessels on order capable of operating on green methanol.

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Getting to Net-Zero for Hard-to-Abate Sectors

Strategic Sustainability Consulting

Companies across the board are working hard to get to net-zero CO2 emissions by 2050. From the super-heated factories needed to make steel and cement to the dirty fuel powering container ships and airplanes, these industries are known as Hard-to-Abate sectors. Why Focus on Hard-to-Abate Sectors?