Canada’s National Observer, Local Journalism Initiative Reporter
The fossil fuel and shipping industries just got a serious shot across the bow over relying on liquefied natural gas (LNG) as a transition fuel.
On Friday, the International Maritime Organization (IMO) finalized stricter global emissions standards for the maritime industry while closing a significant regulatory loophole driving up the use of LNG as a shipping fuel.
LNG has lower CO2 emissions than other fossil fuels used in shipping but it also emits significant amounts of methane, a short-lived but powerful greenhouse gas responsible for more than 25 per cent of current global warming.
Continue reading New emissions targets may sink LNG’s pitch as a shipping fuel