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Shipping’s Oil Era Is Coming to an End

Bloomberg · David Fickling · last updated

It’s a good start, but it’s not the holy grail of decarbonization. That would entail plugging the industry into the emerging hydrogen economy.

Related Knowledge Center: ENERGY BASICS: fossil fuels

State of Play

Fossil fuels — coal, oil and natural gas, primarily — remain the dominant energy sources for much of the world, with their accompanying infrastructure of mines, drilling and production wells, pipelines and various forms of transportation. But they have become more problematic as governments struggle to address climate change and pivot to energy sources that do not result in carbon dioxide emissions.

More informationabout ENERGY BASICS: fossil fuels