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Fri, Feb

Shipping Community Calls for Clear Policies to Fully Exploit LNG as a Fuel

Shipping Community Calls for Clear Policies to Fully Exploit LNG as a Fuel

Hellenic Shipping News

The Methane Abatement in Maritime Innovation Initiative (MAMII) is calling for

The Methane Abatement in Maritime Innovation Initiative (MAMII) is calling for measures to ensure that Europe emerges as a global leader in “clean shipping” while at the same time boosting economic growth, within the framework of and on the occasion of the publication by the European Commission of the EU’s “Clean Industrial Deal”, which it praised.
In an open letter, the MAMII initiative calls on the EU to “implement clear regulations and ramp up investment in methane-cutting technologies”, while noting that “liquified natural gas (LNG) is the main source of methane as a fuel, with a strong potential future for bio-menthane and e-methane.”
Maritime leaders also stressed that “…while LNG is seen as an important pathway in shipping’s decarbonisation drive, unregulated methane emissions threaten to undermine its climate benefits.”

As such, MAMII calls on the EU to lead in regulating and investing in methane abatement.

The open letter advocates clear policies, incentives, and penalties to cut emissions, and highlights what it calls Europe’s chance to drive innovation and boost economic growth.

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Read Full article form Original Source OIKONOMIKOS TAXYDROMOS

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