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Emissions concerns rise over world’s largest cruise ship: Environmentalists are concerned about harmful methane leakage and increased emissions from the world’s largest cruise ship which set sail from Miami earlier this week, Reuters reports. The LNG-fuelled vessel, operated by Royal Caribbean International, boasts 20 decks and can accommodate 8k passengers. The ship could emit over 120% more life-cycle greenhouse gas emissions than marine gas oil, Director of the Marine Program at the International Council on Clean Transportation (ICCT) Bryan Comer tells the newswire. Royal Caribbean refutes the concerns and maintains its new ship adheres to standards set by global shipping regulator the International Maritime Organization and surpasses them, operating with 24% more efficiency than required.
The methane slip: Unlike bulk carriers or container ships, cruise ships use a low-pressure, dual-fuel engine that tends to leak methane into the atmosphere during the combustion process — referred to as a "methane slip,” Reuters writes. These engines have an estimated methane slip of 6.4% on average, according to 2024 ICCT research.
OTHER STORIES WORTH KNOWING ABOUT THIS MORNING-
- US earmarks USD 254 mn to cut heavy industry emissions: The Biden administration is investing USD 254 in projects that aim to reduce greenhouse gas (GHG) emissions in heavy industries, including heat, steel, and iron. Almost 50 projects across the US will receive USD 171 mn to accelerate decarbonization technologies, while the application process has been opened for USD 83 mn in funds for cutting emissions in hard-to-decarbonize industries, such as steel, cement, and chemicals. (Reuters)
- Australia is eying Japanese and Korean minerals investments: Australia’s Resources Minister Madeleine King began a week-long roadshow to South Korea and Japan yesterday as her government seeks financing in the mining sector after publishing a prospectus of 52 investment opportunities. Back in October, the country said it will double investments for its mining sector with an additional USD 1.3 bn package in a bid to secure rare earths needed for its transition to green energy and sustainable mobility. (Reuters)
