Seaweed, with its vibrant hues of purples, golds, and greens, is garnering attention as a potential game-changer in the fight against climate change. Startups are touting its diverse benefits, including carbon absorption, mitigation of methane emissions from cattle, biofuel production, and global food security. Varieties like sugar kelp, sea lettuce, dulse, bladderwrack, and Irish […]
Read MoreAccording to Mike Dean, an automotive equity research analyst at Bloomberg Intelligence, the supply of lithium batteries for electric vehicle (EV) production could face a bottleneck starting in 2025. The growing demand for EVs, fueled by consumer interest and government incentives, is expected to surpass the available capacity for battery production. Dean highlighted that […]
Read MoreWhat retailers need to know about consumer interest in sustainability. Earth Day always brings additional attention to consumer interest in sustainability. Here are 10 consumer-focused sustainability research findings all retailers should know. Consumers care about sustainability Seventy-eight percent of consumers claim a sustainable lifestyle is important and 30% of consumers are more likely to purchase […]
Read MoreThe California Air Resources Board has thrown open the door on comments to its proposed Advanced Clean Fleet (ACF) rule, which sees a phaseout of diesel-powered trucks in the state, even as CARB still does not have the waiver it needs to make it a reality. That proposal includes an acceleration of the target […]
Read MoreLars Jensen, founder and CEO of Vespucci Maritime, has warned that shippers can expect to face carbon surcharges and fewer direct services from carriers in the second half of 2023, as carrier network adjustments to reduce the cost impact of Emissions Trading System (ETS) are implemented. Speaking at the TPM23 conference in Long Beach, […]
Read MoreNew Citizen-Science Study Reveals Global Sources of Plastic Debris in the Arctic A recent citizen-science project conducted by the Alfred Wegener Institute (AWI) in the Arctic has shown the value of engaging interested citizens in scientific research. Over five years, citizens on sailing cruises to the Arctic surveyed and collected plastic debris that had […]
Read MoreThe ports of Long Beach and Los Angeles have released a final report on the current state and overall feasibility of using clean, heavy-duty drayage truck technology throughout the San Pedro Bay port complex. The two mega container ports in California have jointly released a draft assessment in August 2022 for public review and […]
Read MoreOceans play a critical role in regulating global climate, supplying oxygen to the atmosphere, hosting various species of marine life and providing food for millions of people. Absorbing CO2 from the atmosphere, the oceans are also vital for reducing global warming, while they are vital for the very existence of shipping. At the same […]
Read MoreThe European Union (EU) and European Parliament reached an agreement on December 17, 2022, to reform the EU Emissions Trading System (ETS) which now includes the maritime sector under the scheme. Going forward, shipping companies will have to pay for carbon emissions in Europe. The new regulation will take effect by 2024, with a […]
Read MoreA key finding from Boston Consulting Group’s (BCG) new report “Customers’ Willingness to Pay Can Turn the Tide Towards Decarbonized Shipping” shows the urgency to address climate issues in the sector have grown. Of those surveyed, 82% are prepared to pay extra for CO2-neutral transportation, up from 71% a year ago (see Figure). The […]
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