Buttigieg says U.S. ‘green corridors’ initiative is key to cutting shipping industry emissions

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An American push to establish 'green shipping corridors' is key to reducing carbon emissions from the shipping industry, U.S. Transportation Secretary Pete Buttigieg said Monday while touring the port of Yokohama near Tokyo.

aims to achieve carbon neutrality in 2050, with a goal of becoming a “hydrogen society.” But its hydrogen industry is still in its initial stages, and still mostly reliant on hydrogen produced using fossil fuels.

“We know it will take more time for these to be deployed on a widespread basis, but you have to begin somewhere,” he said.and other G7 ministers reiterated their countries’ determination to support free and open navigation and expressed strong opposition to any attempts to change the “peacefully established status of territories by force” - a reference to concerns over China’s growing military presence and its longstanding claim to the separately governed island of Taiwan.

Disruptions to China-based manufacturing and trade during the pandemic, as well as the risk of conflict have prompted moves to diversify supply chains and reduce reliance on Chinese production of strategically important goods and commodities. “We recognize that there will be a lot of geopolitical challenges affecting both trade and security in this region. This is party of why we have such an emphasis on de-risking and diversifying the economic relationships with regard to China,”

 

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Buttigieg says US 'green corridors' initiative is key to cutting shipping industry emissionsU.S. Transportation Secretary Pete Buttigieg says an American push to establish “green shipping corridors” is key to reducing carbon emissions from the shipping industry. He told The Associated Press in an interview that the U.S. wants to develop and strengthen partnerships with “like-minded countries” to secure free and open navigation in the Asia-Pacific region. Buttigieg was in Japan to attend a meeting of transport ministers of the Group of Seven advanced economies during the weekend. The G7 officials reaffirmed a commitment to reducing carbon emissions from the transport industry. Buttigieg spoke to AP following a tour of Yokohama Port near Tokyo.
Source: AP - 🏆 728. / 51 Read more »