
The introduction of green hydrogen has empowered heavy industries such as shipping to initiate the mitigation of their environmental footprint.
In Dubai last year, global representatives convened to assess climate progress and reiterate their commitments to curbing carbon emissions. Surprisingly, one of the most ambitious initiatives emerged from the shipping sector. At COP28, CEOs representing the world’s largest shipping companies issued a joint declaration calling for a cessation of fossil fuel-only vessel construction.
A decade ago, such aspirations would have seemed unattainable. Industries like shipping, steel, and cement have long struggled with decarbonization due to their significant fuel requirements and the challenge of electrifying essential machinery directly. The substantial fuel consumption in these sectors is a significant contributor to greenhouse gas emissions; for instance, shipping alone is responsible for 3% of global emissions, while cement and steel contribute approximately 8% each. However, with the advent of green hydrogen, these heavy industries now have the opportunity to initiate efforts to mitigate their environmental impact. Notably, shipping has emerged as a silent hero in the quest for decarbonization.