Below is all the information about the project: Efficient Ocean Shipping
Project Drawdown’s Efficient Ocean Shipping solution aims to cut fuel use in international maritime shipping by implementing technologies on large vessels such as bulk carriers, oil tankers, container ships, and general cargo ships, replacing those with typical 2014 efficiency. Shipping accounts for nearly 3% of global greenhouse gas emissions, with an estimated 1,076 million metric tons of CO2 equivalent emitted in 2018, and these emissions are projected to increase significantly by 2050. Emissions are influenced by transportation demand, ship efficiency, operational conditions, and fuel use.
A combination of 17 ship technologies with slow steaming (slowing the ship speed) can cut fuel consumption of ocean ships in half. If 50-75 percent of international ships adopt these technologies and practices, we could reduce carbon dioxide emissions 6.72-9.83 gigatons by 2050 at a net first cost to implement of US$0.72-1.01 trillion. That could save US$2.48-3.54 trillion in operating costs over the life of the ships.
Brewing Quote...