Sun. Jun 16th, 2019

Cargill cuts CO2 emissions from shipping fleet in green push

3 min read
[adguru adid="ad_id"]
By Editor / June 7, 2019

MINI NEWS: Big explosion blew every window in Central Linköping

Sweden: Several apartments have been blown up in Linköping, Sweden. From the images Webstynx can confirm it looks like a...

Read More
By Editor / June 6, 2019

MINI NEWS:U.S. Proposed Second Crimea Referendum in 2014

The United States had proposed a second referendum for Crimea to join Russia shortly after Moscow annexed the peninsula in...

Read More
By Editor / June 6, 2019

MINI NEWS: Increased CFC emissions linked to China

Korean Times// CFC-11, a potent greenhouse gas and one of the main culprits in depleting the ozone layer, was set...

Read More
By Editor / June 6, 2019

MINI NEWS: Chinese leader Xi may visit Seoul this month

Chinese President Xi Jinping is rumored to be visiting Seoul this month for a summit with President Moon Jae-in. The...

Read More
By Editor / June 6, 2019

MINI NEWS: CHINA-US TRADE

US-China trade war China- briefing// Total US tariffs applied exclusively to Chinese goods: US$250 billion Total Chinese tariffs applied exclusively...

Read More
By Editor / June 6, 2019

MINI NEWS:

French prime minister calls out for global peace OMAHA BEACH, France (AP reporting) — The Latest on the 75th anniversary...

Read More

LONDON (Reuters) – Cargill reduced CO2 emissions from its chartered shipping fleet by 350,000 tonnes last year as part of efforts to scale back its carbon footprint at sea, the food and agriculture group said.

FILE PHOTO: A Cargill sign is seen during the China International Import Expo (CIIE), at the National Exhibition and Convention Center in Shanghai, China November 5, 2018. REUTERS/Aly Song/File Photo

The international shipping industry accounts for about 2% of global emissions of carbon dioxide (CO2), the main greenhouse gas blamed for global warming.

READ:  Proactive checks on crypto risks needed, global watchdog FSB says

Cargill, the largest privately-held U.S. company, is among commercial firms pushing for greener shipping. In 2018 the company transported 226 million tonnes of cargo.

In its annual corporate responsibility report, Cargill said this week it had cut CO2 output per cargo-tonne-mile by 12.1% in 2018 compared with its 2016 baseline, putting them on course to achieve goal of 15% reductions in 2020.

Its annual output was fell to 7.382 million tonnes of CO2 in 2018 from 7.732 million tonnes in 2017.

Cargo tonne miles is a key shipping indicator, measuring the volume of goods transported multiplied by distance traveled.

“While we are pleased with the progress, we know it’s not enough,” Jan Dieleman, president of Cargill’s ocean transportation business, said in a statement. “The effects of climate change are on our doorstep and we must do more.”

The Minnesota-based food commodities has over 600 ships chartered at any one time with more than 90 percent of them dry bulk vessels transporting commodities such as grain, sugar and iron ore. They also charter products tankers which ship goods such as edible oils and biodiesels.

The U.N. shipping agency, the International Maritime Organization (IMO), agreed stricter energy efficiency targets last month for certain types of ships to speed up action to cut the sector’s emissions.

Environmental campaigners have pushed for tougher targets.

The IMO’s long-term goal is to cut greenhouse gas emissions by 50% from 2008 levels by 2050.

Reporting by Jonathan Saul; Editing by Edmund Blair

Heard from http://feeds.reuters.com/~r/reuters/environment/~3/KjN2JiVDap4/cargill-cuts-co2-emissions-from-shipping-fleet-in-green-push-idUSKCN1TD1M1

READ:  Medical News Today: What causes a smell behind the ear?
Ad

Leave a Reply

Your email address will not be published. Required fields are marked *

You may have missed