Latest news from Heavy Lift & Project Forwarding International Magazine

Heavy-duty transport emissions set to decline

Reaching net-zero carbon emissions for heavy industry and heavy-duty transport sectors is technically and financially possible by mid-century – 2050 in developed countries and 2060 in developing countries - according to the Energy Transitions Commission.

The report, Mission Possible: Reaching net-zero carbon emissions from harder-to-abate sectors by mid-century, outlines the possible routes to fully decarbonise cement, steel, plastics, trucking, shipping and aviation. Together these industries represent 30 percent of energy emissions today and could increase to 60 percent by mid-century as other sectors lower their emissions, said ETC.

The report was developed with contributions from over 200 industry experts over a six-month consultation process. Its findings show that full decarbonisation is technically feasible with technologies that already exist, although several still need further investment to reach commercial readiness.

In heavy-duty transport, electric trucks and buses (powered by either battery or hydrogen fuel cells) are likely to become cost-competitive by 2030, said the report.

The report added that, in shipping and aviation, liquid fuels are likely to remain the preferred option for long distances but carbon emissions can be reduced by using bio or synthetic fuels.

Improved energy efficiency, greater logistics efficiency and some level of modal shift for both freight and passenger transport could also reduce the size of the transition challenge.

The report outlined key policies to accelerate the decarbonisation of these sectors, including tightening carbon intensity mandates on industrial processes and heavy-duty transport; accelerating public-private collaboration to build the necessary energy and transport infrastructure; and investing in the green industry through research and development.

www.energy-transitions.org

Heavy Lift | News

Entrec reports growth for Q1 thumbnail image

Entrec reports growth for Q1

May 9 - Entrec reported year-on-year revenue growth of 10 percent during the first quarter of 2019, but the company’s president and ceo John Stevens said revenue fell below the company’s expectations.
Views: 1297
Project market clouded by slowing trade thumbnail image

Project market clouded by slowing trade

April 17 - Rates will improve in the multipurpose and heavy lift shipping sector through 2019 fuelled by rising volumes of project cargo traffic, but prospects thereafter are muted by an anticipated slowdown in world trade.
Views: 2102
FROM THE MAGAZINE: Risking the supply chain thumbnail image

FROM THE MAGAZINE: Risking the supply chain

April 2 - A worrying and increasingly prominent trend is the amount of risk being shouldered by those active in the project logistics supply chain. David Kershaw reports.
Views: 1534
Opportunities in emerging markets thumbnail image

Opportunities in emerging markets

March 6 - The logistics industry forecasts that emerging markets will grow at a healthy rate of 5 percent in 2019 but many executives are bracing for a crisis, according to Agility’s emerging market index.
Views: 2393

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.