ICCT study examines current & projected use of heavy fuel oil in Arctic shipping; growth in BC emissions points to need for policies

Green Car Congress

A new study by the International Council on Clean Transportation (ICCT) estimates heavy fuel oil (HFO) use, HFO carriage, the use and carriage of other fuels, black carbon (BC) emissions, and emissions of other air and climate pollutants for the year 2015, with projections to 2020 and 2025. The report found that shipping within the Arctic as defined by the International Maritime Organization (IMO) consumed an estimated 436,000 tonnes of fuel and emitted 193 tonnes of black carbon in 2015.

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ICCT study finds GHGs from shipping on the rise

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Emissions of greenhouse gases (GHGs) from global shipping are on the rise again, according to a new study released by the International Council on Clean Transportation (ICCT). Ships registered to Panama (15%), China (11%), Liberia (9%), Marshall Islands (7%), Singapore (6%), and Malta (5%) were the largest emitters. Marine CO 2 emissions are projected to double by 2050 as international trade expands unless effective policies are developed to constrain emissions growth.

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Chevron announces $32.7B capital and exploratory budget for 2012; LNG and deepwater investments propel a step change

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By 2017, we expect our net crude oil and natural gas production to grow about 20 percent to 3.3 Approximately 87% of the 2012 spending program is budgeted for upstream crude oil and natural gas exploration and production projects. billion is planned for exploration and production activities, including major natural gas-related projects. China: development of the Chuandongbei natural gas project. Chevron Corporation announced a $32.7

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