Follow the Money EU’s Post

Shell Germany has opened the country's largest bio-LNG plant at the Energy and Chemicals Park Rheinland. Up to 100,000 tonnes of the low-carbon fuel will be produced here each year. This is enough to power 4,000 to 5,000 LNG trucks a year, saving up to one million tonnes of CO2. This is another important step towards decarbonising heavy transport and making it more sustainable. Road transport is responsible for around 9% of global CO2 emissions. Learn more: 👇 #BioLNG #ValveIndustry #SustainableTransport #Decarbonization #EnergyTransition 

Best invest in Building Fusion power, space, and maritime propulsion systems and industry, You talk about Nuclear (meaning Fission) and fail to discuss fusion. https://lnkd.in/ge_aeX7M The nuclear fission industry is, ignorant of what's happening around you. Pull your uranium heads out, start adjusting your industry to fusion energy and start preparing to enter the commercially growing fusion energy industry. As it dawns on Earth like the sun. Great Headline Guardian on Nuclear fission. https://lnkd.in/g8sMZtpR Fission is moving towards obsolescence at an accelerated pace, as it is "out of step, out of time, out of place," and merely a temporary industry globally. https://lnkd.in/gbd_mZqk Commercial fusion electrical generation is a promising innovative sustainable and clean energy method. By 2028, Helion is expected to start producing electricity from its first fusion commercial power plant, which will provide electricity to Microsoft. The plant will produce at least 50 MWe after an initial ramp-up period. https://lnkd.in/gY9J3MQY Now see what is happening in the Fusion industry in the world. https://lnkd.in/g9hMBD7a As fission trebles, fuel shortage is increasingly real, https://lnkd.in/gze5rwpr

Fortescue Future Industries (FFI), pioneers green ammonia bunkering with the Australian Maritime Safety Authority (AMSA) and TOTE Maritime Puerto Rico. The initiative aims to develop an ammonia-powered shipping solution, part of Fortescue's broader strategy to accelerate the global transition to renewable energy. The partnership involves FFI providing green ammonia as fuel for TOTE Maritime's vessels, which will operate in the maritime sector. AMSA plays a regulatory role in ensuring the safety and compliance of bunkering operations and the vessels involved. TOTE Maritime Puerto Rico, a leading shipping company, will utilize the green ammonia fuel for its vessels, advancing its commitment to sustainability and reducing emissions in maritime transport. Fortescue Future Industries, led by its Chairman, Dr. Andrew Forrest, is spearheading this initiative as part of its dedication to developing renewable energy solutions and driving the transition towards a low-carbon economy. Dr. Forrest's leadership underscores FFI's commitment to innovation and sustainability, positioning the company as a global leader in green energy technologies. The collaboration between FFI, AMSA, and TOTE Maritime Puerto Rico represents a significant step forward in the adoption of green energy in the maritime industry. By leveraging green ammonia as a clean fuel alternative, the partnership aims to reduce carbon emissions and mitigate the environmental impact of maritime transport, contributing to global efforts to combat climate change. Overall, the article highlights Fortescue Future Industries' role as a green energy pioneer, partnering with industry stakeholders to drive innovation and sustainability in the maritime sector. The collaboration underscores FFI's commitment to developing renewable energy solutions and accelerating the transition towards a more sustainable future. https://lnkd.in/euwfRPkV

European shipowners and bunker fuel producers launch Clean Maritime Fuels Platform Members of the initiative include European Community Shipowners' Associations (ECSA), FuelsEurope, eFuel Alliance, EWABA, HydrogenEurope and Methanol Institute. https://lnkd.in/gUEzBnWS #bunkers #bunkering #maritime #shipping #marinefuel #marinefuels  #bunkerindustry #bunkerfuel #imo2030 #imo2050 #sustainable #decarbonisation #decarbonization #marine #emissions #zeroemission #zeroemissions #alternativefuel #alternativefuels #maritimenews #maritimeindustry #maritimetransport #maritimesector  #maritimeservices #shippingnews #shippingindustry #shipsandshipping #shippingworldwide #europe

Shell urges action today to reduce emissions before new fuels arrive 🌍🔋 Shell stresses the importance of today's energy efficiency solutions in decarbonising the maritime sector. The company advocates immediate action to reduce emissions while waiting for cleaner fuels. #Shell #Decarbonisation #Maritime #CleanEnergy #EnergyEfficiency #MaritimeTechnology #EnergyInnovation #FutureFuels #EmissionsReduction #MaritimeSector 🔗 Shell encourages immediate action to reduce emissions ahead of new fuels https://lnkd.in/ew8en4FZ

A.P. Moller - Maersk signs Long-Term #Methanol Sourcing Deal with LONGi Solar, to supply its Ocean Fleet. “Bio- and e-#methanol continues to be the most promising alternative #shipping #fuels to scale up in this decade, and the agreement with LONGi Solar serves as a testament to this. Global shipping’s main net-zero challenge is the price gap between fossil fuels and the alternatives with lower greenhouse gas emissions. We continue to strongly urge the International Maritime Organization’s member states to level the playing field by adopting a global green #fuel #standard and an ambitious pricing mechanism which the industry urgently needs,” says Rabab Boulos, Chief Operating Officer, A.P. Moller - Maersk. The agreement will contribute to #lowering GHG #emissions from Maersk’s growing fleet of dual-fuel #methanol #container #vessels.

A.P. Moller - Maersk has announced a long-term bio-methanol offtake agreement with LONGi Solar. This partnership will significantly reduce GHG emissions from Maersk's dual-fuel methanol container vessels. Full highlights, ↗ https://shorturl.at/rBP5b COO Rabab Boulos highlights the importance of bio- and e-methanol as key alternative fuels and urges the International Maritime Organization to establish a global green fuel standard. With this agreement, Maersk is set to meet over 50% of its dual-fuel methanol demand by 2027. Emma Mazhari, Head of Energy Markets at Maersk, notes the growing momentum for methanol projects globally, with China leading the charge. The bio-methanol will be produced sustainably from residues in Xu Chang, achieving a 65% reduction in lifecycle GHG emissions compared to fossil fuels. #DSTnews #DST #DailyShippingTimes #Shippinglines #SustainableShipping #SustainableLogistics #CargoCarriers #Oceancarriers

“Shell sold to Canada’s largest oil sands companies millions of carbon credits tied to CO₂ removal that never took place, raising new doubts about a technology seen as crucial to mitigating greenhouse gas emissions.” As a result of the scheme, Shell was able to register 5.7mn credits that had no equivalent CO₂ reductions, selling these to top oil sands producers and some of its own subsidiaries. Credits are typically equivalent to one tonne of CO₂.

It's no secret that oil companies have been actively hindering the green transition for decades. In fact, since the 60s and 70s, government support for green technologies, such as heat pumps and electric cars, has been subverted by oil giants and their lobbying groups. It's absurd to think that these same companies are now positioning themselves as leaders in the green movement, when they accounted for just 1% of the global investments into clean energy. At best they would be considered a minor player. For exams see my post from last year (https://lnkd.in/eCZNVjTe) where I talked about a conversation I had with the MD of a local Shell refinery where he commented that because his 40 or so permanently used, permanently on site diesel generators used to support production could technically be removed they were temporary generators and thus scope 3 emissions, which he didn't need to report on and so he wasn't going to do anything. This was at Shell Game Changer event (supposedly for supporting clean energy startups). Hypocrisy much. I should say that from what I can find Shell is probably better than many other oil companies in that they do invest. But at only 11% of their 2023 investments (down from 14% in 2022), it is hardly ground braking. https://lnkd.in/edaBCRjC