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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

Green Car Congress

Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. Investment in green infrastructure key, as shipping will carry more than half of the world’s net-zero fuels by 2050, report estimates. billion in 2019.

Renewable 210
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BNEF, Snam, IGU report finds global gas industry set to resume growth post-pandemic; low-carbon technologies for long-term growth

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After growing by more than 2% in 2019, global gas use is set to fall by around 4% in 2020, as the COVID-19 pandemic reduces energy consumption across the global economies. LNG imports reached 482 billion cubic meters in 2019, up 13% from 2018, and while this figure is expected to fall by around 4.2% —Jon Moore, CEO of BNEF.

Gas 243
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Europe Expands Virtual Borders To Thwart Migrants

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By delivering the migrants there, the masters of the Maltese vessels, and perhaps the European rescue authorities involved, may have violated the international law of the sea, which requires ship masters to return people they rescue to a safe port. billion) a year internally on managing migration, not counting national-level spending.

Europe 141
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

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It now needs to switch to the potential conflicts resulting from falling fossil-fuel demand, and the related economic and security risks. Nigeria or Algeria cannot do the same for their oil industry. Financial markets divest fossil-fuel assets and reallocate capital to low-carbon firms. —Goldthau et al.

Carbon 207