Hapag-Lloyd AG and other major shipping firms are urging the International Maritime Organization (IMO) to steer clear of crop-based biofuels in its push for industry decarbonization. In a joint statement with the European Federation for Transport and Environment (T&E), the companies warn that without strict safeguards, biofuels made from palm and soy could be even more harmful to the climate than traditional fuels due to deforestation and land-use changes. IMO, which oversees global shipping regulations under the United Nations, is working toward net-zero emissions by mid-century. However, the debate over biofuels is intensifying as IMO hosts discussions in London this week. Conservation groups have also opposed a Brazilian-backed proposal promoting biofuels as a long-term solution for the industry.
Shipping Giants Urge IMO to Reject Crop-Based Biofuels
IMO is working toward net-zero emissions by mid-century.
(Farm Journal)
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