‘Green Shipping Corridors’ for Maritime routes to boost sustainability
The United Kingdom Department for Transport have announced a pledge alongside the US, Norway and the Netherlands to roll out green maritime links.
The ‘green shipping corridors’ are specific routes decarbonised from end to end, including both land-side infrastructure and vessels.
These will require using zero-emission fuel or energy, putting in place refuelling or recharging infrastructure at ports and deploying zero-emission capable vessels.
The international maritime sector is currently responsible for almost 3% of global emissions — if it were a country, it would be the world’s 8th largest emitter.
The UK and the US have also agreed to launch a special ‘Green Shipping Corridor Task Force’ to bring together experts on the sector, encourage vital research and development and drive important work and projects.
Industry actors gather to launch sustainable aviation fuel feasibility study in Ireland
SFS Ireland, SkyNRG, ORIX Aviation, Avolon and Boeing have come together to conduct a feasibility study into the production of sustainable aviation fuel in Ireland.
Led by SFS Ireland and SkyNRG, the study aims to identify market level opportunities for an investable commercial-scale SAF production facility in Ireland.
As a global leader in aviation finance and airline operations, Ireland is home to key stakeholders in aviation’s decarbonization journey. The planned growth of renewable energy sources in country makes Ireland a potential location for SAF production.
Sheila Remes, Boeing Vice President, Environmental Engagement and Business Development commented:
“We will need a massive increase in the amount of SAF if we are to reach our industry’s commitment to net zero carbon emissions by 2050.
“Scaling SAF is paramount. Ireland’s growth in renewable energy makes it a prime location for SAF production with zero climate impact.
“Global partnerships like this enable us all to advocate for and scale SAF supply.”
The study results are due to be published in 2023.
Read more at airlinergs.com
EU Vehicle pollution rules package (Euro 7) leaves few happy
They say the sign of a compromise is where no one is happy.
The European Commission have published the new proposal, known as Euro7) to reduce air pollution from vehicles, drawing criticism from different quarters.
For many automobile manufacturers, the new proposal amounts to unnecessary burden that “has the potential to undermine the great progress Europe has made in shifting to electric mobility”. The automakers’ lobbying group, ACEA, said that the environmental benefit of the proposal is “very limited” compared with the increased cost for vehicles.
Meanwhile, Transport & Environment, an environment advocacy group, said the proposed new standards are “shockingly weak” and that the European Commission “sided with car lobbyists in a move that will greenwash 100 million heavily polluting cars sold in the decade up to 2035.”
It appears the Commission has taken into consideration the goal of banning the sale of internal combustion vehicles in the EU by 2035, and do not want to divert attention or resources away from that goal.
EP agree rules of Corporate Sustainability Reporting Directive
The European Parliament have adopted the text for the Corporate Sustainability Reporting Directive. This Directive will make businesses more publicly accountable by obliging them to regularly disclose information on their societal and environmental impact. The aim is to end greenwashing, strengthen the EU’s social market economy and lay the groundwork for sustainability reporting standards at a global level.
Companies will be subject to auditing and certification. Financial and sustainability reporting will be on an equal footing and investors will have comparable and reliable data. Digital access to sustainability information will also have to be guaranteed.
The new EU sustainability reporting requirements will apply to all large companies, whether listed on stock markets or not. Non-EU companies with substantial activity in the EU (with a turnover over €150 million euro in the EU) will also have to comply. Listed SMEs will also be covered, but they will have more time to adapt to the new rules.
The Council is expected to adopt the proposal on 28 November, after which it will be signed and published in the EU Official Journal.
For more information on these developments or any other transport and mobility policy topic please don’t hesitate to contact us.