Energy Exchange

By Natacha Stamatiou

The Posidonia shipping exhibition in Greece put innovation on display, yet what stood out was the industry’s cautious approach to decarbonization, particularly the absence of discussions on lifecycle analysis of marine fuels. This is crucial as we approach the 82nd Marine Environment Protection Committee meeting at the International Maritime Organization in September, where negotiations to account for the full lifecycle of marine fuels will be key to designing measures to achieve essential emissions reductions goals and decarbonize the sector.

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Image credit: © European Union, 2024

By Anna Lóránt and Léa Pilsner

The EU is finalising its Delegated Act on Low Carbon Fuels, a critical piece of its hydrogen policy. This is more than just a low-stakes technical step. If done right, it could significantly advance the EU’s decarbonisation agenda, showing the ‘Green Deal in action’. The details matter because this act will lay the foundation for Europe’s hydrogen industry and shape how effectively the EU meets its climate goals.

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Post-closure liability management may be a rather obscure part of the burgeoning carbon capture and sequestration , or CCS, industry. But more and more lawmakers and regulators in U.S. states and around the world recognize it’s an important piece of their climate change agenda.

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By Lila Harmar and Valerie Miller

The start of summer hurricane season in the Caribbean has only just begun, yet the region has already weathered its first category five tropical storm, Beryl. Beryl caused major damage to homes, power lines and more across the southeast Caribbean, fueled by high temperatures in the Atlantic. The increase of extreme weather events fueled by climate change will continue to have outsized impacts on island nations that often face annual hurricane recovery efforts. Beryl missed Cuba but brought back memories of Ian in 2022, a tropical storm that also rapidly strengthened into a massive hurricane in very little time, causing damage across the region.

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By Marie Cabbia Hubatova and Angie Farrag-Thibault

At a time when it is critical to eliminate our dependence on fossil fuels, the shipping industry is endeavoring to do its part to decarbonize and keep global temperature rise below 1.5 degrees Celsius. Its success depends on there being sufficient clean fuel supply to substitute fossil fuels — but we are not on track. We need robust near-term decisions at the International Maritime Organization and in member states to bring investment security to steer the industry transition onto course.

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Image courtesy of © Audioundwerbung | Dreamstime.com

By Helen Spence-Jackson

The EU’s hydrogen ambitions are facing a reality check. Despite an ambitious strategy launched in 2020 and ongoing work to establish a comprehensive policy framework, recent forecasts suggest hydrogen deployment is lagging behind initial targets. However, this moment offers an opportunity for reflection and provides valuable lessons not just for Europe, but also for other regions.

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