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Shipping and trade groups are calling on the European Union to advance the development of ammonia and green hydrogen as the best marine fuel options to enable the industry to accelerate decarbonization.
With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world’s CO2 emissions.
To reach goals for shipping set by the United Nations, industry leaders say the first net-zero ships must enter the global fleet by 2030, with vessels powered by green hydrogen and its derivative compound ammonia among the options.
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