News

The UK’s milestone offers hope, but the global energy transition will need more support for developing countries and attention to social impacts.

The latest Global Carbon Budget report forecasts that both fossil fuel-related carbon emissions and total global carbon emissions will hit historic highs this year, with further increases expected.

The transition to green shipping is a long road, especially given the limited availability and high cost of sustainable fuels. As a leading player in the industry, Maersk has suggested that regulatory improvements could be key.

The transport sector receives by far the biggest share out of all of Germany's government subsidies that are harmful to the climate, according to a report commissioned by the economy ministry.

As the world’s biggest shipper and commodity trader, China could establish a mature business model for constructing electric ships. It could also build out better recharging infrastructure, bringing further climate, environmental and economic benefits.

Wider adoption of heat pumps could accelerate decarbonisation of heating in China’s carbon-intensive buildings and light industry sectors, a report by the International Energy Agency (IEA) says.

To accelerate reaching peak carbon emissions by 2030, China is gradually transitioning its carbon reduction targets from an economic growth-based approach to a total emission control system, marking a shift from past methods.

Taiwan’s Carbon Shuttle Technology has developed a new material that reduces carbon emissions by 66% and lowers the need for incineration.

With the 2024 Euros and Paris Olympics vowing to be greener, the focus shifts to the challenges of cutting emissions from major sporting events.

A charge on emissions for cargo vessels would become the first global carbon price, but disagreements on system design and starting prices remain.