Commissioner Louis E. Sola delivered a compelling presentation at the American Maritime Forum held in Miami, FL on October 24, 2023 advocating for regulations promoting sustainability and green fuels as the combination necessary to achieve timely decarbonization in shipping.
The International Maritime Organization has set the goal of achieving at least forty percent reduction in carbon emissions from ships by 2030. Commissioner Sola said that to meet that goal, maritime and industry leaders must work cooperatively to remove barriers that impede progress in successfully decarbonizing the shipping industry.
Commissioner Sola said that decarbonization in shipping is best achieved by cooperative efforts between the public and private sectors. The shipping industry must develop cleaner fuel alternatives and invest in technological innovations, and the government must offer grants that facilitate the development and distribution of fuels and technologies that will achieve decarbonization in shipping.
As part of his remarks, Commissioner Sola addressed the viability of a variety of alternative fuel options such as biofuels and liquified natural gas and highlighted opportunities for industry to lead in bringing solutions to reducing carbon emissions from shipping.
Louis E. Sola is a Commissioner with the U.S. Federal Maritime Commission. The thoughts and comments expressed here are his own and do not necessarily represent the position of the Commission.