Amazon, Others Commit to Zero-carbon Shipping Fuels by 2040

The initiative, which includes Amazon, IKEA, among other commercial users of container shipping, sets a goal for companies to only purchase ocean freight services powered by scalable zero-carbon fuels by 2040.

Jonathan Saul, Reuters

Amazon.com Inc. and IKEA are among commercial users of container shipping that will opt for zero-carbon marine fuels by 2040 in a new initiative aimed at speeding up decarbonization in the maritime sector, executives said on Oct. 19.

With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world’s CO₂ emissions and the sector is under growing scrutiny to become cleaner.

The initiative, which was organized by the non-profit Aspen Institute and has nine signatories so far also including Unilever and Michelin, sets a goal for companies to only purchase ocean freight services powered by scalable zero-carbon fuels by 2040.

“The time to act is now,” said Edgar Blanco, director for net-zero carbon at Amazon.

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