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How are we going to decarbonize shipping?
Jul 12, 2024
David Wooley and Ed Carr, lead authors in the shipping industry, discuss future ship fuels, policies, and California's role in decarbonization. Topics include alternative fuels like ammonia and methanol, wind tech, slow steaming, clean electricity, enforcement mechanisms, costly technology investments, global efforts, and policy recommendations for the US and California to drive industry change.
01:02:26
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Quick takeaways
- Ammonia and methanol fuels are emerging as alternatives for future ships to decarbonize the shipping industry.
- Transitioning to new fuels faces uncertainty due to high costs, risks of stranded assets, and operational complexities on vessels.
Deep dives
The Urgency of Decarbonizing Shipping to Address Climate Change and Pollution
Decarbonizing shipping has become a critical necessity to combat climate change and address the air and water pollution caused by maritime transportation, which contributes significantly to global greenhouse gas emissions. Policy options for shipping decarbonization have been explored, emphasizing California's crucial role. Technological options like ammonia and methanol fuels, derived from green hydrogen, are considered for future ships.
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Discover
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