Shipping project explores ways to cut methane emissions from industry

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A coalition of companies including oil major Shell and no. 1 container line MSC on Tuesday launched an initiative to explore ways to cut climate-warming methane emissions from ships, which pose a major risk to industry efforts to go greener.

Scientists have warned that countries must make rapid reductions in methane, a far more potent greenhouse gas than carbon dioxide, to stave off the worst effects of global warming.

However, a study this year by green group Transport & Environment showed LNG-powered vessels can leak significant amounts of unburned methane into the atmosphere through combustion. In its first year, members will seek to identify and pilot new technologies to monitor and reduce methane slip from vessels fuelled by LNG. Once these solutions had been validated, the initiative will seek to endorse them to industry from 2023, the statement said.

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