MOL signs up with Climeworks for direct air carbon capture and storage
Shipping line MOL has become the second ONE partner investing in direct air carbon capture ...
IMO’s Marine Environment Protection Committee (MEPC) 83 meeting, meant to establish robust mid-term decarbonisation measures, ended with a disappointing conclusion, leaving shipping line customers, not regulations, to be the driving force for cleaner shipping.
After a vote, IMO’s first in over a decade, a watered-down version of a fuel standard for ships and a global pricing mechanism for emissions was adopted.
The agreement comprises a fuel standard, a measure which determines the well-to-wake CO2 impact of fuel used, and a pricing and ...
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