Switched On Heavy Transport Maps Out a Low-Carbon Future
Oct 24, 2024
Colin McKerracher, Head of Transport and Energy Storage at BloombergNEF, leads a riveting discussion with industry leaders. Freya Burton from LanzaTech shares insights on sustainable aviation fuel's development challenges. Chris Johnson of C2X highlights the promising future of green methanol production. Lara Naqushbandi from ETFuels delves into the complexities of e-fuels and the financial landscape for clean energy investment. Together, they explore the paths to decarbonizing heavy transport and the critical role of government policy in fuel adoption.
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Heavy Transport Emissions
- Heavy transport, like aviation and shipping, contributes significantly to global CO2 emissions.
- This share is projected to increase, necessitating clean fuel alternatives.
Hydrogen Hype Shakeout
- Initial hype around hydrogen has diminished, leading to a shakeout of less robust projects.
- Demand for green fuels is evolving, with some companies adopting sophisticated cost analysis.
Cost-Competitive Green Methanol
- Maersk, a major shipping company, prioritizes cost-competitive green methanol production.
- Demonstrating cost competitiveness is crucial for securing customer commitments in the thin-margin shipping industry.