Shipping on a voyage to low-carbon fuel options
As with other hard-to-abate sectors, the shipping industry is facing many challenges to decarbonise sufficiently by 2050. Currently, the alternative fuel of choice for many is liquified natural gas (LNG) but the short-term gains negate the persistent long-term emissions. There are genuine low-carbon alternatives at hand if shipping can adjust its outlook
Green ammonia offers the best long-term solutions for a decarbonised shipping sector
SHORT HAUL Like heavy road transport, some ships on shorter routes can use battery power
LEAKAGE ISSUE LNG-powered vessels will suffer from significant leakage of methane—one of the most potent greenhouse gases
KEY QUOTE Almost all the fuels that the market is contemplating for the future are not available as such right now and if you want them on the scale required, the economics do not make sense ...
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