Electricity? Methanol? LNG? Fuel of choice for future is unknown
LAST week's column discussed the claim by environmental campaign group Transport & Environment (T&E) that natural gas is a "US$22 billion distraction for EU shipping that won't decarbonise the sector".
It seems SEA\LNG, the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, also noticed T&E's statement; while not actually mentioning the critical T&E assessment of LNG, the coalition spelled out its view of how critical continuing investment in LNG as a marine fuel is to meeting both air-quality and greenhouse-gas (GHG) emissions targets.
SEA\LNG said its statement is aimed at ensuring that industry and governments "make a pragmatic and balanced analysis of the future of maritime fuels".
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Transport & Logistics
S&P slashes Boeing credit outlook as rating hovers above junk status
Honda to spend US$11 billion on EV strategy in Canada
India’s IndiGo gets into long haul game with Airbus A350 deal
Hertz reports US$392 million loss as it unwinds Tesla fleet burden
Changi Airport’s Q1 passenger movements surpass pre-pandemic levels
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race