Cargill steps up push to cut carbon emissions from shipping fleet
Jonathan Saul, Reuters
Apr 30, 2021
Cargill, one of the world's biggest charterers of ships, has cut nearly 1.5 million tonnes of gross carbon emissions from its fleet since 2017, a top company executive said, as it steps up efforts to go green.
With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions.
The United Nations aims to reduce the industry's greenhouse gas emissions by 50% from 2008 levels by 2050. This target will require the swift development of zero or low emission fuels and new designs for ships.
Cargill achieved an overall reduction of 5% in...