China Nav comes out in favour of Marshall Islands’ carbon tax proposal, readies first sail-assisted newbuild
China Navigation is to sign for a revolutionary sail-assisted newbuild this month as part of a package of green measures announced today. The Swire subsidiary has also come out in favour of the proposal put forward to the International Maritime Organization (IMO) by the Marshall…
$100 per tonne emissions levy put forward by the Marshall Islands and Solomon Islands
Upping the stakes ahead of this year’s crunch Marine Environment Protection Committee (MEPC) meeting at the International Maritime Organization (IMO), the Marshall Islands and the Solomon Islands have put forward a proposal to establish a universal, mandatory greenhouse gas (GHG) levy with an entry price…
Renewables overtook fossil fuels in Europe for first time last year
Europe’s share of renewables in its electricity mix is twice the global average, making the continent a critical hotbed of innovation to better integrate more variable renewables into power grids. Renewables became the dominant source of electricity in Europe’s power grid for the first time last…
Extraordinary views from the World’s first Mountainous Solar Farm
This reservoir doubles as a floating solar power plant, smack back in the middle of the Swiss Alps. Not only does the high-altitude project boast some stunning views, it won the prestigious Swiss Watt d’Or prize, as the best in renewable energy innovation 2020. The…
“SOS” – Save Earth: Norway Eyes Sea Change in Deep Dive for Metals Instead of Oil
Norway’s oil and gas reserves have made it one of the world’s wealthiest countries but its dreams for deep-sea discovery now center on something different. This time, Oslo is looking for a leading role in mining copper, zinc and other metals found on the seabed…
The globe’s biggest maritime shipping company is abandoning fossil fuels
The world’s largest maritime shipping company is slowly ditching fossil fuels, and in doing so has thrown down a challenge for the rest of the industry to follow suit. Denmark-based AP Moller Maersk this week said it will cut its carbon emissions completely by 2050. That’s a…
EU ministers likely to oppose EU carbon market regulation of shipping
By James Crisp | EURACTIV.com European Union member states are likely to oppose the regulation of shipping in draft reforms to the bloc’s carbon market. Environment ministers are meeting in Brussels today (28 February) and are expected to adopt a general approach on the post-2020…