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Euro Parliament Environment Committee votes to include shipping CO2 in EU ETS; shipping industry to contribute to climate neutrality

Green Car Congress

The Environment Committee of the European Parliament voted to include CO 2 emissions from the maritime sector in the EU Emissions Trading System (ETS). A global ambitious agreement on GHG emissions from shipping is urgently needed, they add. This is more than the emissions of any EU member state. Next steps.

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RWE and ArcelorMittal intend to build and operate offshore wind farms and hydrogen facilities for low-emissions steelmaking

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Energy company RWE and steel producer ArcelorMittal have signed a memorandum of understanding to work together to develop, build and operate offshore wind farms and hydrogen facilities that will supply the renewable energy and green hydrogen required to produce low-emissions steel in Germany. RWE wants to be climate-neutral by 2040.

Wind 195
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United and Oxy collaborate with syn-bio company Cemvita to produce SAF from CO2 using microbes

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This includes funding projects such as pilot and demo plants, engineering studies, financing construction and operating SAF plants. Launched in 2021, UAV targets startups, upcoming technologies, and sustainability concepts that will complement United’s goal of net zero emissions by 2050 without relying on traditional carbon offsets.

CO2 259
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Financing Your Electrical Vehicle Purchase Improving Slowly In Australia (Needs To Improve More)

CleanTechnica EVs

A recent survey of 1,001 Australians by Savvy has revealed that 73% of respondents agree that moving to electric vehicles (EVs) is an important move to reduce CO2 emissions and keep global temperature rises to 1.5°C. The biggest obstacle to going electric is price, according to the survey.

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BNEF: net-zero road transport by 2050 still possible, but big push needed

Green Car Congress

The road transport sector could still reach net-zero emissions by 2050 through electrification, but urgent action would be required from policymakers and industry participants, according to research company BloombergNEF’s (BNEF) latest annual Long-Term Electric Vehicle Outlook (EVO).

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Shipping sector proposes US$5 billion R&D program over 10 years to cut emissions

Green Car Congress

The global maritime transport industry has submitted a proposal to the UN IMO to form the world’s first collaborative shipping R&D program to help eliminate CO 2 emissions from international shipping. The proposal includes core funding from shipping companies across the world of about US$5 billion over a 10-year period.

Emissions 195
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Historic EU Finance Rules for EVs Undermined by Support for Gas

CleanTechnica EVs

Electric vehicles will be classified as green investments as of 2026, but the EU's green finance rules are severely undermined by the European Commission’s labeling of gas as sustainable.

Financing 115