Testimonies & Speeches
Transportation
Testifying before the Senate Committee on Energy and Natural Resources, CGEP non-resident Fellow Jamie Webster examines the upcoming implementation of the International Maritime Organization’s new global sulfur standard for marine fuels, which is set to take effect on January 1, 2020.
The transportation sector is responsible for more than half of global oil demand, with passenger vehicles and trucks making up by far the largest fraction.
There is a strong and growing consensus that a simultaneously growing and decarbonizing electricity sector is necessary to meet declining greenhouse gas emissions targets.
A new pressure point has been added to Europe’s existing climate mitigation imperative to decarbonize: an energy security driver to ensure that those cuts start with fossil fuel imports from Russia.