News / #shipping
In a surprise move, US president Joe Biden has announced a “temporary pause” on liquified natural gas (LNG) terminal expansion.
The Singapore lender, which has cut a third of its coal exposure since 2021, said that its pledge to cease financing new coal assets remains unchanged. It is still undecided on how to account for this emerging emissions category.
A new study shows that more than 75 per cent of industrial fishing activity and almost 30 per cent of transport and energy activity in the oceans has not been tracked by public systems, revealing a significant gap in global observational data.
Natural gas is not a clean bridging fuel to renewables, and plenty of failed investments attest to the many risks that come with gas projects.
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