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.
- Supreme Court Overturns Roe v. Wade, Undoing Constitutional Right to Abortion
- What the Supreme Court’s Abortion Decision Means for Your State
- The Failure of the Feminist Industrial Complex
- The Fight Over Abortion Has Only Just Begun
- Column: How Stereotypes Shape the Language People Use
- Everything We Know About Beyoncé's New Album, Renaissance
- Homes Made from Straw or Fungi Can Now Get You a Cheaper Mortgage in the Netherlands
- Going on Vacation This Summer? Welcome to the 'Revenge Travel' Economy
