One Of Oil’s Biggest Purchasers Is Moving Up Net-Zero Targets

OilPrice.com | Jan 12, 2022 at 10:30 AM
  • Moller-Maersk, a major consumer of oil products, pledged on Wednesday to reach net-zero greenhouse gas emissions across its entire business by 2040, a decade earlier than the previous 2050 target.
  • The more ambitious target aims to align Maersk with a 1.5 degrees Celsius pathway and the net-zero criteria of the Science Based Targets initiative (SBTi) and cover all emission scopes, including its own, the energy it uses, and the supply chain.
  • REintegrate and European Energy will establish a new Danish facility to produce around 10,000 tons of carbon-neutral e-methanol that Maersk’s first vessel with the ability to operate on green e-methanol will consume annually.