NRGBriefs: Japanese Companies Aim to Reduce Environmental Impact

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(Energy Analytics Institute, 11.Mar.2022) — Energy briefs including Mitsui O.S.K. Lines, Ltd., MOL Coastal Shipping, Ltd., Tabuchi Kaiun Co., Ltd., Niihama Kaiun Co., Ltd., Murakami Hide Shipbuilding Co., Ltd., and The Hanshin Diesel Works, Ltd. forming strategic alliance to reduce their environmental impact; and routine gas flaring representing a lost opportunity to provide hundreds of millions of people with a valuable energy source.

ASIA

Japan

Mitsui O.S.K. Lines, Ltd., MOL Coastal Shipping, Ltd., Tabuchi Kaiun Co., Ltd., Niihama Kaiun Co., Ltd., Murakami Hide Shipbuilding Co., Ltd., and The Hanshin Diesel Works, Ltd. agreed to form strategic alliance aimed at reducing environmental impact through the development of methanol-fueled domestic tanker.

NORTH AMERICA

US

— The 160-yr-old practice of gas flaring releases about 400mn tons of CO2 equivalent emissions, including un-combusted methane and black carbon (soot), The World Bank announced April 2022 in its “Global Gas Flaring Tracker Report.” Routine gas flaring also represents a lost opportunity to provide hundreds of millions of people with a valuable energy source – indeed, over 700mn people still lack access to energy, while an estimated 620mn people could still lack access in 2030, 85% of them in Sub-Saharan Africa, The World Bank said in the study.

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By Ian Silverman, Aaron Simonsky and Piero Stewart. © Energy Analytics Institute (EAI). All Rights Reserved.

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