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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. Top: Heavy fuel oil use (tonnes) in the Arctic, 2015, with minimum sea extents. However, with expanded Arctic shipping comes the increased risk of accidents, oil spills, and air pollution.

2017 237

ICCT study finds GHGs from shipping on the rise

Green Car Congress

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). Container ships (23%), bulk carriers (19%) and oil tankers (13%) accounted for more than half of CO 2 emissions. Ships registered to Panama (15%), China (11%), Liberia (9%), Marshall Islands (7%), Singapore (6%), and Malta (5%) were the largest emitters.

2017 150

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

Green Car Congress

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. Once online, these two LNG projects are expected to add approximately 350,000 barrels net oil-equivalent production per day.

2011 162