Maersk is betting $1.4 billion that Amazon is serious about climate change ...Middle East

Quartz - Economy
Maersk is betting $1.4 billion that Amazon is serious about climate change
source : Quartz ( Middle East ) () 29
Maersk, the world’s biggest shipping company, has placed an order for eight container ships that will run on liquid fuel produced using clean electricity, a carbon-neutral fuel, company executives said Aug. 24.The order is the biggest yet in an industry that is a significant contributor to climate change accounting for about 3% of global greenhouse gas emissions. So far, shipping executives have few promising paths to decarbonization. Their success will depend on future orders from top customers like Amazon, Disney, and Microsoft if they decide to cut emissions from their supply chains.The ships will be built by Hyundai Heavy Industries and are due to be delivered by 2024, each at a price ta

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