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Decarbonizing transport is key to all pathways to get to net zero.
The transport sector is responsible for almost a quarter of total energy-related CO2 emissions. Around 75% of these emissions come from road transport. Another 22% comes from aviation and marine, but these emissions are harder to abate than road transport, which can more easily switch to alternative fuels or use electric power.
Decarbonizing shipping will require a range of solutions. OGCI is facilitating the development of carbon capture for ships to capture emissions for storage. We’re doing this alongside our work to support the development of low-carbon fuels, such as biofuels, ammonia and hydrogen.
Carbon capture and storage has long been a priority for OGCI and our members have significant experience applying this technology.
OGCI’s members use oil and chemical tankers to distribute products around the world. Addressing the carbon intensity of these journeys helps them to reduce their Scope 1 and 2 emissions.