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Maersk says vessels will be built by South Korea’s Hyundai Heavy Industries and have capacity to carry around 16,000 containers. According to the International Energy Agency, in 2019 international shipping was responsible for approximately 2% of “global energy-related CO2 emissions." Danish firm Maersk said Tuesday it is ordering eight large, ocean-going vessels able to run on what it called “carbon neutral methanol.” The world’s largest container shipping firm said the vessels would be built by South Korea’s Hyundai Heavy Industries and have the capacity to carry around 16,000 containers. According to a number of reports, each ship will cost $175 million, making...

Scientists have found a way to convert methane into methanol at room temperature. Using a common crystal as a catalyst, the technique could eventually reduce methane escaping into the atmosphere by turning it into a useful liquid fuel instead. As a greenhouse gas, methane is 34 times more potent than carbon dioxide, and levels in the atmosphere are rising fast. One of the biggest sources is “fugitive” emissions caused by leaks during extraction, processing, storage or transport of natural gas, which accounts for up to 3.9 percent of global greenhouse gas emissions. A possible alternative is to convert the gaseous methane into liquid methanol,...