Belgian shipping group CMB has announced its long-term carbon dioxide (CO2) reduction strategy:
- All carbon emissions from its operations will be completely offset as from 2020.
- It will invest in new technologies to operate a zero carbon fleet by 2050.
Net zero as of 2020
CMB believes that it can achieve zero carbon emissions from its shipping operations in 2050. Even though many low and zero carbon technologies are still in the early stages of their development – and today there are unfortunately no economically viable alternatives to diesel – CMB is convinced that the shipping industry will find solutions to provide zero carbon shipping by 2050.
So long as CMB’s fleet is not powered by 100% zero-carbon fuels, CMB will offset its remaining CO2 emissions.
Zero carbon ships and engines
The company is already investing heavily in the development of low and zero carbon ships and engines, and fully supports the many different industry initiatives that want to join forces to develop the technologies needed to reduce shipping’s carbon footprint.
As we will bring concrete zero-carbon projects to life in the coming months and years, we will continue to actively engage and cooperate with other shipping companies our customers our suppliers our banks and national and international politicians to achieve zero carbon shipping.
Read the article online at: https://www.drybulkmagazine.com/dry-bulk/29012020/cmb-pledges-net-zero-carbo-dioxide-emissions-by-2050/