In response to global climate change goals, exploring the development strategy for decarbonizing the shipping industry in Taiwan

Carbon Dioxide (CO2), Methane (CH4), Nitrous Oxide (N2O), and other gases are all greenhouse gases. However, the most significant contributor to climate change is CO2. Maritime decarbonization is a complex challenge with multiple pathways at different technological and operational readiness levels....

Full description

Saved in:
Bibliographic Details
Published inOcean & coastal management Vol. 252; p. 107108
Main Author Chen, Yung-Sheng
Format Journal Article
LanguageEnglish
Published Elsevier Ltd 01.06.2024
Subjects
Carbon dioxide
Green shipping corridors
Maritime decarbonization
Stakeholder
Maritime decarbonization
Stakeholder
Green shipping corridors
Carbon dioxide
Online AccessGet full text

Cover

More Information
Summary:Carbon Dioxide (CO2), Methane (CH4), Nitrous Oxide (N2O), and other gases are all greenhouse gases. However, the most significant contributor to climate change is CO2. Maritime decarbonization is a complex challenge with multiple pathways at different technological and operational readiness levels. As a concept, green shipping corridors are similar to special economic zones at sea. They provide a platform for stakeholders in the value chain to collaborate and implement new technologies and business models on a large scale. The most significant advantage of such an initiative is to help diverse and fragmented industries align and diversify their collective risks. The article employed a comparative literature analysis and interviewed relevant stakeholders to derive its conclusions. Based on this analysis, it advocates for taking action and implementing these measures by engaging stakeholders. Critical decisions concerning the green components of shipping corridors revolve around viable fuel pathways, policies and regulations, customer demands, and cross-value chain collaboration.
ISSN:0964-5691
1873-524X
DOI:10.1016/j.ocecoaman.2024.107108