Low Carbon Shipping & Shipping in Changing Climates

A Research Led Consortium on Sustainable Shipping

 
 

New Report suggests shipping needs to start its decarbonisation imminently

Lloyd’s Register (LR) and Shipping in Changing Climates, a $4m multi-university and cross industry research project funded by EPRSC, has today released Low Carbon Pathways 2050 – a new study that details a number of potential pathways for the shipping industry’s transition to a low carbon future.

The report underlines the need for shipping to start its decarbonisation imminently – as stringency increases over time, increasingly high-cost mitigation steps are required. The later we leave decarbonisation, the more rapid and potentially disruptive it will be for shipping.

Key findings of the study include:

• Shipping will need to start its decarbonisation imminently – as stringency increases over time, increasingly high-cost mitigation steps are required. The later we leave decarbonisation, the more rapid and potentially disruptive it will be for shipping.
• All are ‘possible’ options for achieving absolute reductions of a scale and timeliness consistent with the Paris Agreement.
• A substitute for fossil fuel will still be required as energy efficiency improvements alone will not be sufficient in the medium to long term.
• Energy storage in batteries and renewable energy sources will have important roles to play, but are likely to still leave a requirement for a liquid fuel source.
• Additional regulations that may be developed for other emissions need to be considered, for example; methane, black carbon and particulate matter.
• Technological and operational characteristics are just some of the considerations that need to be taken into account.

Download the full report