Shipping is responsible for 3% of global greenhouse-gas emissions, emitting close to 1 billion metric tons of CO2 annually. To clean things up, Danish shipping giant Maersk is working with renewables firm European Energy to kick-start large-scale production of sustainably produced carbon-neutral e-methanol. Maersk plans to launch the first container ship using carbon-neutral fuel next year, and is building 12 larger liners that run on green methanol too. It also recently accelerated its net-zero emissions goal to 2040, compared to the industry standard of at least a 50% reduction by 2050 compared to 2008.
A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders. Join the Leadership Brief
Correction, March 30
The original version of this story misstated the shipping industry’s emissions reductions goal. The industry’s goal is at least a 50% reduction by 2050 compared to 2008’s figures, not net-zero emissions by 2050.
- Essay: The Tyre Nichols Videos Demand Solemnity, Not Sensationalism
- For People With Disabilities, Losing Abortion Access Can Be a Matter of Life or Death
- Inside the Stealth Efforts to Smuggle Starlink Internet Into Iran
- Natasha Lyonne on Poker Face and Creating Characters Who Subvert Leading-Lady Tropes
- How to Help the Victims and Community After the Monterey Park Shooting
- Why Grocery Staples Are So Expensive Right Now
- Quantum Computers Could Solve Countless Problems—and Create a Lot of New Ones
- Where to Watch All of the 2023 Oscar Nominees
- How to Be Mindful if You Hate Meditating
