Emissions from shipping could grow by 250% by 2050 if no action is taken.Halving shipping's emissions by 2050 could require $1.4 trillion in investment.But the scale of this challenge could be big enough to spur decarbonization across other sectors, too. Climate change requires urgent action in all sectors of the economy - including maritime shipping, which carries close to 80% of global trade and accounts for 2-3% of global greenhouse gas emissi...

By 2030, more than 750 million people will live in megacities;Growing urban populations put pressure on already ageing and inadequate transportation systems;New research from Boston Consulting Group (BCG) suggests how urban mobility systems can change to meet the needs of future populations. Around the world, people are increasingly migrating from rural to urban areas. By 2030, the United Nations estimates, megacities (those with at least 10 mill...

Airbus has unveiled three visual concepts for "zero-emission" airplanes to be powered by hydrogen.Unlike normal planes, these will burn liquid hydrogen stored in the rear fuselage.The project faces some challenges - such as finding ways to safely store volatile liquid hydrogen during flight at very cold temperatures. Airbus has unveiled three visual concepts for "zero emission" airplanes to be powered by hydrogen. It is the planemaker's latest ef...

A few months ago, I wrote an article regarding some strategies that help reduce the shipping industry's carbon emissions. Back then, I projected that some moves might be taken to mitigate carbon impact from shipping. It is noted that shipping emissions also matters to many businesses outside the shipping industry, such as the retail businesses, traveling companies, and any companies relied on freight ships and touring ships throughout their suppl...

Ships are responsible for roughly 3% of global CO2 and GHG emissions (CO2-eq), emitting approximately 1 billion tonnes of CO2 and GHGs per year, according to the data from 2007 to 2012. Yet the total emissions from international shipping could go up due to the growth of the world maritime trade.To mitigate the shipping industry's carbon footprint, the International Maritime Organization ("IMO"), as the United Nations specialized agency with respo...

Danish company A.P. Moller-Maersk has committed to becoming carbon-neutral by 2050.It will team up with other industry leaders to set up a research center to reduce carbon emissions in the shipping industry.The center will be based in Denmark and combine the knowledge from industry experts, academia and regulators.Shipping carries around 80% of global trade, and is directly responsible for 3% of worldwide emissions. The world's largest container ...

A total of 6718 electric vehicles were sold in Australia in 2019. That's three times as many as in 2018, but it's still small beer. More than a million fossil-fueled light vehicles (including SUVs and utes) were sold in the same period. The sales figures were published in the wake of UK Prime Minister Boris Johnson's announcement that sales of petrol or diesel cars will be banned in the UK by 2035. The UK's isn't the only right-of-centre governme...