Can Global Shipping Really Go Green?
On this episode of the Bloomberg Originals series Momentum, we uncover striking innovations that may make a carbon-heavy industry cleaner.
When it comes to a sincere effort to decarbonize the global economy, the arteries of that network—shipping—will have to be cleaned up. Massive ships weighed down with goods, grain and often fossil fuels are central to a modern world in which consumers want what they want—and right now.
Shipping itself contributes 3% of all global carbon dioxide emissions. The sheer physics of moving that much tonnage across the sea makes alternative sources of power difficult to find. On this episode of the Bloomberg Originals series Momentum, Haslinda Amin discovers how South Korea is emerging as a pivotal force in reshaping maritime transportation, leading the way along with China, Singapore and the UK to a future with more eco-friendly systems that can reduce the amount of fossil fuels required to keep goods moving.