ShippingWatch

South Africa could become leading hub for developing zero carbon fuels

A new report finds that South Africa could become a leading hub for developing and exporting zero carbon fuels, with particular promise attributed to its location and economy.

Photo: Mike Hutchings/Reuters/Ritzau Scanpix

South Africa's location and economic development make it particularly well-suited for potential development of green fuels for shipping, conclude Ricardo and Environmental Defense Fund in a new report on behalf of P4G Getting to Zero Coalition Partnership.

The report states that its potential can be attributed to South Africa's enormous sustainable energy resources, providing an opportunity for supplying zero carbon fuels to the global shipping industry and thereby opening up new export markets for the nation.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Poseidon Principles set to raise ambitions in coming weeks

The banks in Poseidon Principles are working on the basis of halving CO2 emissions in shipping by 2050. At the same time, some of the same banks are working towards a target of CO2 neutrality by 2050 as part of the Net-Zero Banking Alliance. Before long, Poseidon will reassess its ambition.

Further reading

Related articles

Trial banner

Latest news

See all jobs