In order to limit the rise in global temperature by 1.5°C by 2050, the international shipping industry needs to both lower its energy consumption and decarbonize in line with net zero ambitions. To achieve these goals, the industry will have to transition from using fossil fuels to relying on alternative fuels by 2050. A sufficient amount of feedstock will have to be produced by then—namely 155 million metric tons (Mt) of nitrogen, 55 Mt of CO2, and 46 Mt of green hydrogen.
Amount of feedstock needed to be produced to decarbonize the shipping industry worldwide in the 1.5°C Scenario by 2050, by feedstock
(in million metric tons)
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IRENA. (October 19, 2021). Amount of feedstock needed to be produced to decarbonize the shipping industry worldwide in the 1.5°C Scenario by 2050, by feedstock (in million metric tons) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1367297/feedstock-requirements-production-alternative-marine-fuels-1-5-c-scenario-shipping-industry/
IRENA. "Amount of feedstock needed to be produced to decarbonize the shipping industry worldwide in the 1.5°C Scenario by 2050, by feedstock (in million metric tons)." Chart. October 19, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1367297/feedstock-requirements-production-alternative-marine-fuels-1-5-c-scenario-shipping-industry/
IRENA. (2021). Amount of feedstock needed to be produced to decarbonize the shipping industry worldwide in the 1.5°C Scenario by 2050, by feedstock (in million metric tons). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1367297/feedstock-requirements-production-alternative-marine-fuels-1-5-c-scenario-shipping-industry/
IRENA. "Amount of Feedstock Needed to Be Produced to Decarbonize The Shipping Industry Worldwide in The 1.5°c Scenario by 2050, by Feedstock (in Million Metric Tons)." Statista, Statista Inc., 19 Oct 2021, https://www.statista.com/statistics/1367297/feedstock-requirements-production-alternative-marine-fuels-1-5-c-scenario-shipping-industry/
IRENA, Amount of feedstock needed to be produced to decarbonize the shipping industry worldwide in the 1.5°C Scenario by 2050, by feedstock (in million metric tons) Statista, https://www.statista.com/statistics/1367297/feedstock-requirements-production-alternative-marine-fuels-1-5-c-scenario-shipping-industry/ (last visited November 22, 2024)
Amount of feedstock needed to be produced to decarbonize the shipping industry worldwide in the 1.5°C Scenario by 2050, by feedstock (in million metric tons) [Graph], IRENA, October 19, 2021. [Online]. Available: https://www.statista.com/statistics/1367297/feedstock-requirements-production-alternative-marine-fuels-1-5-c-scenario-shipping-industry/
