Decarbonisation of shipping to cost over $1 trillion

Decarbonising the shipping industry will cost more than $1 trillion

Powering all shipping vessels with zero-emission fuels by 2050 would slash the industry's emissions, but it would require between $1 ...

Shipping decarbonization will require $1 trillion investment: analyst

Shipping decarbonization will require $1 trillion investment: analyst. The race is on to find shipping's zero-carbon fuel of the future that can be produced ...

UN's decarbonisation target for shipping to cost over $1 trillion - study

At least $1 trillion (769 billion pounds) of investment in new fuel technology is needed to enable the shipping industry to meet U.N. ...

The scale of investment needed to decarbonize international shipping

If shipping was to fully decarbonize by 2050, this would require extra investments of approximately USD 400 billion over 20 years, making the ...

Pass-through fees could disincentivize carriers from decarbonizing

Decarbonizing shipping will cost more than $1 trillion, according to industry estimates, much of which will be passed on to shippers.

How Can the Shipping Industry Reach Net-zero Emissions?

The global shipping industry needs to reach net-zero emissions by 2050. This will require a massive investment in zero-carbon fuels like ...

New analysis puts a price tag on maritime shipping's decarbonization

At least $1 trillion of capital investment in land-based and ship-related ... halve shipping's emissions amounts to approximately $1-1.4 trillion, or ...

Maritime decarbonization is a trillion dollar opportunity

The result of this analysis, which assumes that ammonia will be “the primary zero carbon fuel choice adopted by the shipping industry,” is an ...

Carbon Revenues From International Shipping - World Bank

In shipping alone, carbon revenues could reach an estimated $1 trillion to $3.7 trillion by 2050 (or $40-$60 billion annually). “Maritime ...

US$1 trillion to decarbonize global shipping's emissions

Shipping needs to make a radical shift to zero carbon energy sources in the coming three decades to reduce the sectors total greenhouse gas emissions by at ...

Decarbonizing shipping could unlock a global energy transition

If shipping was to fully decarbonize by 2050, this would require further investments of some $400 billion over 20 years, bringing the total to ...

Price tag for decarbonizing shipping: $1 trillion - Marine Log

If shipping is to fully decarbonize by 2050, this will require further investments of some $400 billion over 20 years, bringing the total to ...

Decarbonizing shipping will cost '$1.5tn over 20-30 years' - Nikkei Asia

Decarbonizing shipping will cost '$1.5tn over 20-30 years'. 'We ... "But we have got to make close to $1.5 trillion worth of investment ...

Progress towards Shipping's 2030 Breakthrough - Climate Champions

needed for shipping's decarbonization at US$ 1-1.4 ... chain actors over all 20 projects from most nations which are set to decarbonize shortsea shipping.

Maritime Decarbonization | PNNL

Along the way, these ships emit more than one billion tons of GHG emissions into the atmosphere, or nearly 3% of emissions worldwide. Under business-as-usual ...

Global shipping's decarbonisation cost to attain $1 trillion - Maritime

If shipping is to fully decarbonize by 2050, this will require further investments of some $400 billion over 20 years, bringing the total to $1.4-1.9 trillion.

A pathway to decarbonise the shipping sector by 2050 - IRENA

more than USD 1 trillion on infrastructure. This includes the development of ... Installing and maintaining this software is estimated to cost USD 200 to USD 1 ...

Decarbonisation of shipping will take place on land as well as at sea

Over $1 trillion investment will be needed to decarbonise shipping, according to a new study from UMAS, a UCL-Energy and UMAS International ...

Decarbonizing shipping: How to speed up the transition and ensure ...

Maritime transport is in the spotlight at COP28, the UN's annual climate change conference that kicked off on 30 November in Dubai.

Study puts cost of decarbonizing shipping by 2050 at ~$1.4-$1.9T

... $1-1.4 trillion—an average of $50 billion ... Much of shipping's decarbonization will take place on land. It is a systemic ...