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Ethanol makes its case in maritime decarbonisation

Ethanol makes its case in maritime decarbonisation

Ethanol makes its case in maritime decarbonisation

NorthStandard’s Loss Prevention Director of Decarbonisation, Mark Smith, explores the maritime case for a sustainable biofuel that is widely used as an automotive fuel additive.

In October, the International Maritime Organization is set to adopt a legally binding framework to reduce greenhouse gas (GHG) emissions from ships over 5,000 GT, pending entry into force in 2027.

Including a new fuel standard and a global pricing mechanism for emissions, the framework is highly significant for the UN agency’s targets for global shipping to achieve net-zero emissions close to 2050, and interim carbon intensity targets for 2030 and 2040.

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