SMW 2021: Shell Defends LNG Bunkering After World Bank Criticism

630

Shell defends LNG bunkering after World Bank criticism, says an article on Ship and bunker.

Lowest emission fuel

“LNG is the lowest emission fuel available at scale in the shipping sector today.  It has no near rival in this regard,” Grahaeme Henderson told the conference. Henderson is the global head of shipping and maritime at Shell.

We must believe LNG must be part of the solution to ensure that the new build investments the sector makes today. Which will be the legacy fleet for the coming decades, have as low emissions as possible.

Carbon taxation

Henderson also hinted that Shell would back a policy of carbon taxation being imposed upon shipping to incentivize the shift to alternative bunker fuels.

We need a policy landscape that encourages us to make emissions reductions right now.

Did you Subscribe to our daily newsletter?

It’s Free! Click here to Subscribe!

Source: Ship and Bunker