by bj2022 | Oct 11, 2024 | Uncategorized
In July, India’s state-owned Oil and Natural Gas Corp (ONGC) unveiled a decarbonization roadmap, committing $24 billion to achieve net-zero operational emissions by 2038. The plan includes renewable energy projects, green hydrogen production, and carbon capture...
by bj2022 | Sep 2, 2024 | Uncategorized
Well drilling is tremendously energy intensive, and the greenhouse gas emissions (GHG) from drilling rigs account for about 15 percent of energy related emissions. While ambitious goals have been set by governmental and regulatory agencies, such as the International...
by bj2022 | Jul 29, 2024 | Uncategorized
The European Union has expanded its Emission Trading System to apply to the maritime industry in order to reduce greenhouse gas emissions, and shipping companies now need to account for emissions when traveling through or berthed in EU waters. The EU ETS will be...
by bj2022 | Jul 19, 2024 | Uncategorized
As the shipping industry faces new emission regulations—most notably the expansion of the EU ETS to include maritime companies—ship owners are looking for innovative decarbonization solutions. Shipping companies with vessels operating between EU ports or traversing EU...
by bj2022 | Jul 4, 2024 | Uncategorized
As of January 2024, the EU’s Emission Trading System (EU ETS) now applies to large ships of 5,000 gross tonnage or more. This means that these vessels will need to submit emission allowances when utilizing EU waters and entering EU ports. So how will this latest...
by bj2022 | Jun 24, 2024 | Uncategorized
Earlier this month, industry leaders gathered at one of the most prominent international shipping conventions and discussed how the shipping sector can rise to meet its environmental, economic and socio-political challenges. The Posidonia International Shipping...
by bj2022 | Jun 5, 2024 | Uncategorized
As the shipping industry experiences significant growth after a pandemic-related slump, it faces mounting pressure to meet environmental standards and streamline operations to keep up with demand. With the integration of advanced hardware and software, shipping...
by bj2022 | May 20, 2024 | Uncategorized
The purpose of an environmental monitoring system is to systematically collect, analyze, and interpret data to assess the health of ecosystems, which aids in identifying sources of pollution and helping businesses meet their regulatory requirements and stakeholder...
by bj2022 | Apr 30, 2024 | Uncategorized
Much of the dialogue around reducing greenhouse gas emissions centers on industries like manufacturing, transportation and agriculture. Globally, manufacturing contributes about 12 percent of emissions, while agriculture represents about 11 percent, and transportation...
by bj2022 | Apr 23, 2024 | Uncategorized
More than 80 percent of global trade is transported by ships, which ESG professionals know translates into an immense carbon footprint. In fact, the maritime industry is responsible for about 3-5 percent of greenhouse gas emissions, and that number could rise to 10-13...