EU aims to include entire value chain in carbon accounting for new fuels
With a new proposal for the IMO's climate committee, the European Commission is kicking off a discussion that is still in its nascence: that carbon emissions from new alternative fuels need to be measured from the point of extraction or the start of production and include the entire value chain.
BY TOMAS KRISTIANSEN, SHIPPINGWATCH, TRANSLATED BY CHRISTOFFER ØSTERGAARD
With a new proposal on the future of alternative fuels, the EU is once again at the forefront of the green transition in the shipping industry, which has been IMO's province for years.
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