DNV: biofuels are key to meeting marine emissions targets

Volatile costs for fossil fuels and rising concerns over emissions. “A doubling of present CO2 emissions by 2050 if we do nothing.” A share of “for at least 10% of global emissions in 2050, as compared to 3% today, if measures are not taken.” Shipping giant DNV has identified those risk factors in an update of its landmark (2009) Pathways study, noting that “with rising fuel prices and impending environmental regulations, the pressure is on for more efficient and environmentally friendly ships.”

Source: BioFuels DIgest, January 28, 2013

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