Wednesday, April 24, 2024

Govt Plans Green Fuel Port Usage, Bunkering in Net-Zero Target Push

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New Delhi, May 11, 2023 – The Indian government is devising a strategy to promote the usage of green fuels and facilitate bunkering services at ports as part of its ambitious net-zero emissions target. The move is aimed at reducing the country’s carbon footprint and accelerating the transition to a sustainable and environmentally friendly energy ecosystem.

Recognizing the need to combat climate change and embrace cleaner energy alternatives, the government intends to incentivize the adoption of green fuels such as liquefied natural gas (LNG), hydrogen, and biofuels in the maritime sector. This includes establishing infrastructure and regulatory frameworks that support the storage, distribution, and utilization of these fuels at major ports across the country.

The provision of bunkering services for green fuels at ports will enable ships and vessels to refuel with cleaner alternatives, significantly reducing emissions from maritime activities. By facilitating the availability of sustainable fuels, the government aims to encourage the shipping industry to embrace greener practices and contribute to the overall net-zero emissions goal.

The utilization of green fuels and bunkering services will not only help mitigate the environmental impact of maritime transportation but also create new opportunities for job creation and economic growth. It presents a chance for India to position itself as a leader in the green shipping sector and attract investments in renewable energy infrastructure and related industries.

To support these efforts, the government plans to collaborate with industry stakeholders, including port authorities, shipping companies, and fuel suppliers, to develop a comprehensive roadmap for the implementation of green fuel usage and bunkering services. This collaborative approach will ensure that all key players are involved in the transition process and that the necessary infrastructure and regulations are put in place effectively.

The government’s initiative aligns with its commitment to the Paris Agreement and the global efforts to mitigate climate change. By promoting the usage of green fuels and facilitating bunkering services, India aims to contribute significantly to the reduction of greenhouse gas emissions in the shipping sector, ultimately fostering a more sustainable and greener future.

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