FuelsEurope’s Post

As a member of the Blue Sky Maritime Coalition, we recently united with key stakeholders from the U.S. #maritime industry to champion the establishment of a Sustainable Maritime Fuel Grand Challenge, which would accelerate the adoption of low-to #zerocarbon fuels. The maritime industry plays a pivotal role in the global economy – it's responsible for transporting critical goods, energy sources, and people by sea. However, to meet the ambitious greenhouse gas emissions targets set by both the Biden Administration and the International Maritime Organization, the industry must transition to #alternativefuels that are not only sustainable but also economically viable at scale. This transition will take collaboration, focus, and short-term incentives to boost the production and availability of sustainable maritime fuels. We look forward to serving as a partner in the effort to reach the Administration’s critical #sustainability milestones. 🤝

Analysis by Wärtsilä has found new fuel regulations in Europe could result in price parity between conventional and sustainable marine fuels by 2035, creating a proven strategy for global shipping’s energy transition. In the report, the company says that decisive emissions policies such as the inclusion of shipping in the EU Emissions Trading System (ETS) from January this year, and FuelEU Maritime (FEUM) from 2025, will double the cost of marine fossil fuels by 2030. By 2035, the price gap between sustainable and conventional fuels could have closed completely. Read more here in Seatrade Maritime: https://lnkd.in/du5wKx6X

With the recent election, there have been some exciting developments in the EU's green transition! European Union leaders are set to prioritize the manufacturing of green technologies in Europe. From electric cars to wind turbines and beyond, the goal is to scale up Europe's capacity to produce the technologies needed to meet our climate goals. This initiative will not only support the green transition but also ensure that industries remain competitive on the global stage. Read more about the upcoming plans and their potential impact on a range of sectors: #Sustainability #GreenTech #EU #ClimateChange #Manufacturing #RenewableEnergy #EnvironmentalInnovation #NetZero #IndustryLeadership https://lnkd.in/d4yENFXi 4o

🌍 Exciting News in the Maritime Industry! 🚢 Today marks a major milestone in the journey towards cleaner shipping! The Clean Maritime Fuels Platform has been officially launched to accelerate Maritime Energy Transition. 🔋 This groundbreaking initiative brings together leading shipowners and fuel producers to tackle the challenge of decarbonizing the maritime sector. 🌿 With the EU’s commitment to reducing emissions, this platform aims to ensure the availability of clean maritime fuels and foster collaboration across the industry. 💪🤝 Key players like European Community Shipowners' Associations (ECSA), FuelsEurope, eFuel Alliance, EWABA, Hydrogen Europe, and the Methanol Institute are coming together to drive innovation and overcome infrastructure challenges. 🌱 Join us in celebrating this crucial step towards a sustainable future for shipping! 🌊🌟 #Maritime #CleanFuels #EnergyTransition #Sustainability #ECSA #FuelsEurope #eFuelAlliance #EWABA #HydrogenEurope #MethanolInstiture #Decarbonization #ShippingIndustry #EU #CleanMaritimeFuelsPlatform #BunkerMarket #ShippingNews https://lnkd.in/dUmFWNhR

In 2023, Textron made significant strides towards sustainability, with 43% of our electricity use coming from renewable sources! This achievement is a testament to our commitment to reducing our environmental footprint and building a greener future. Discover more about our commitment to sustainability and our efforts to protect the environment ➡️ https://bit.ly/3WqQN6a #Sustainability #RenewableEnergy #GreenFuture #Achieve2025

https://lnkd.in/e4EbQ5Hj A European aviation industry coalition has welcomed the inclusion of sustainable aviation fuel as a ‘strategic net zero technology’ under the EU Net-Zero Industry Act (NZIA), which has received provisional agreement between the European Parliament and Council. The Act is a central part of the EU’s Green Deal Industrial Plan, which aims to follow the example of the United States’ Inflation Reduction Act in stimulating domestic manufacturing capacity in clean energy technologies, with the intention of reaching at least 40% of expected EU demand by 2030. The European Commission says the Act will create the regulatory conditions necessary to attract and support investment, and help build more production facilities in a faster manner. The Commission has also recommended a 90% net GHG emissions reduction target compared to 1990 levels and put forward a series of measures to achieve it, including through the use of SAF. The industry alliance said while the inclusion of SAF in the NZIA would pave the way for the development of a strong EU SAF market, further policy action was needed to meet the updated 2040 climate ambitions. #SAF #euets #ukets

A European aviation industry coalition has welcomed the inclusion of sustainable aviation fuel as a ‘strategic net zero technology’ under the EU Net-Zero Industry Act (NZIA), which has received provisional agreement between the European Parliament and Council of the European Union, reports Christopher Surgenor for GreenAir News. The Act is a central part of the EU’s Green Deal Industrial Plan, which aims to follow the example of the United States’ Inflation Reduction Act in stimulating domestic manufacturing capacity in clean energy technologies, with the intention of reaching at least 40% of expected EU demand by 2030. The European Commission says the Act will create the regulatory conditions necessary to attract and support investment, and help build more production facilities in a faster manner. The Commission has also recommended an EU-wide 90% net GHG emissions reduction target by 2040 compared to 1990 levels and put forward a series of measures to achieve it, including through the use of SAF. The industry alliance said while the inclusion of SAF in the NZIA would pave the way for the development of a strong EU SAF market, further policy action was needed to meet the updated 2040 climate ambitions. #sustainableaviation #sustainableaviationfuel https://lnkd.in/eVaccXpT

6 months ago, I joined as the Director General of FuelsEurope. I truly believe there could not be a more strategic time for me to start my mandate here in Brussels. Indeed, as the European Union embarks on a new 5-year term, significant opportunities and responsibilities lie ahead for policymakers, businesses, and citizens. In my latest op-ed published in Euractiv, I detail key priorities for this new term and how the fuel manufacturing industry can contribute to reaching them: 🌱 Climate Neutrality Achieving climate neutrality by 2050 is non-negotiable: the EU economy must transition from fossil fuels to #renewable, sustainable, and circular alternatives. This transition must be equitable, avoiding disruptions to energy supplies or industrial value chains. The fuel manufacturing industry already plays a crucial role in this shift by progressively phasing out fossil feedstocks and increasing the production of renewable fuels such as #biofuels and #eFuels. 💡 Enhancing Europe’s Energy Resilience The EU’s fuel and products manufacturing sector, with its extensive distribution and storage infrastructure, is crucial for regional #EnergySecurity. Even during recent crises, European fuel supplies were not disrupted. As fossil fuels are replaced with more sustainable, circular feedstocks, energy security will improve, as many of these feedstocks are produced domestically. New value chains will also be created and support local economies. 👨🏭 Supporting Economies and Jobs With the energy transition, the EU has the opportunity to lead in advanced biofuels and synthetic fuels innovation, ensuring #competitiveness and leveraging the technological expertise of its industry. This leadership can ensure a just transition that provides well-paid, high-quality and skilled #jobs, while transforming existing assets to produce renewable fuels and industrial products. This transformation helps mitigate costs for citizens and businesses, expands consumer choices, and supports the circular economy. 🤝 By fostering collaboration between the EU, the fuel manufacturing industry, and other stakeholders across the entire value chain, we can achieve climate neutrality by 2050, ensure energy security and resilience, and maintain a competitive, innovative, and sustainable industrial base that benefits all citizens. Let's work together towards a sustainable and resilient future! Read the full op-ed here: https://lnkd.in/g-K5V2Uj

The Greenhouse Gas Protocol (GHG Protocol) has announced the members of four technical working groups that will support the revision and update of its corporate standards. We are thrilled to see many stakeholders who have collaborated with The Roundtable on Sustainable Biomaterials (RSB) in developing the RSB Book & Claim System bringing both their expertise in book an claim for Scope 3 emission reductions and their dedication to sustainability and transparency. We eagerly anticipate updated on the GHG Protocol standards that acknowledge credible and robust book and claim solutions, particularly for hard-to-abate sectors such as aviation and shipping. https://lnkd.in/djkDQnYS #bookandclaim #aviation #shipping #ghg #ghgprotocol #scope3

The evolution of shipping Fuel to Sustainability.