CleanTechnica•about 6 hours ago
Can Shipping’s Greenhouse Gas Emissions Be Captured At The Funnel?
Key Takeaway
The shipping industry's exploration of Onboard Carbon Capture and Storage (OCCS) highlights the growing pressure for decarbonization across all sectors, creating new technology markets and potential cost implications for global supply chains.
AI Summary
- •The shipping industry faces significant challenges in decarbonization, with current shipyard orders dominated by fossil-powered vessels and slow uptake of green fuels.
- •Onboard Carbon Capture and Storage (OCCS) is being evaluated as a key alternative solution to reduce greenhouse gas emissions from maritime transport.
- •This focus on maritime decarbonization signals increasing regulatory pressure on global supply chains, which could lead to future cost impacts for large power consumers.
- •For developers, OCCS represents a nascent technology market opportunity in carbon capture solutions, engineering, and related infrastructure for a hard-to-abate sector.
Topics
emissionspolicy
Article Content
An evidence based assessment of key barriers to Onboard Carbon Capture and Storage, and its potential for maritime decarbonisation. As shipyard orderbooks are full of fossil-powered vessels, and uncertainty remains about the speed of green fuels uptake, the shipping industry is also looking at a wide range of alternative solutions. ... [continued] The post Can Shipping’s Greenhouse Gas Emissions Be Captured At The Funnel? appeared first on CleanTechnica .