Governments urged to invest in green fuel shipping

A new report from the Tyndall Centre at the University of Manchester has found a sizeable gap between announced government led projects and what is required to meet global climate goals, calling for the creation of far stronger national policies on low-carbon fuels.

The authors of ‘Shipping’s Role in the Global Energy Transition’ identify growth in low-carbon hydrogen and sustainable bioenergy as essential to meet the Paris Climate Agreement’s goals.

However, they found that a lack of enabling policies from governments, such as guaranteeing markets and prices for producers and consumers, was holding back investment in the shipping infrastructure needed to support the global energy transition.