{"id":30010,"date":"2022-04-28T10:53:06","date_gmt":"2022-04-28T07:53:06","guid":{"rendered":"https:\/\/www.al-sindbad.net\/cosco-sets-2060-carbon-neutral-deadline\/30010\/"},"modified":"2022-04-28T10:53:06","modified_gmt":"2022-04-28T07:53:06","slug":"cosco-sets-2060-carbon-neutral-deadline","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/cosco-sets-2060-carbon-neutral-deadline\/30010\/","title":{"rendered":"COSCO sets 2060 carbon neutral deadline"},"content":{"rendered":"<p><\/p>\n<div class=\"entry-content entry clearfix\">\n<div class=\"mailmunch-forms-before-post\" style=\"display: none !important;\"><\/div>\n<p>State-owned COSCO Shipping Holdings, which runs a vast ports empire around the globe as well as the world\u2019s fourth largest containerline, has vowed to be carbon neutral by 2060 \u2013 a timeline in sync with Beijing\u2019s own nationwide decarbonisation targets.<\/p>\n<p>In September 2020, President Xi Jinping announced China will aim to hit peak emissions before 2030 and for carbon neutrality by 2060, something that is now guiding COSCO\u2019s green transition.<\/p>\n<p>COSCO has recently issued its latest sustainability report in which it states its aim to achieve carbon neutrality before 2060, a date a decade behind many of its container peers.<\/p>\n<p>Other targets laid out by COSCO include cutting the greenhouse gas emission intensity of its container shipping business by 12% by 2030 compared with 2019 levels, and to achieve a 20% cut over the same timeframe for its ports business.<\/p>\n<div class=\"mailmunch-forms-in-post-middle\" style=\"display: none !important;\"><\/div>\n<p>Among other interesting takeaways from the report by the Shanghai- and Hong Kong-listed maritime conglomerate, COSCO touched upon how China will soon copy the European Union in including shipping in an emissions trading scheme.<\/p>\n<p>\u201cChina has opened up the national carbon trading market and will incorporate the shipping industry into carbon trading in the future,\u201d the report stated.<\/p>\n<div class=\"mailmunch-forms-after-post\" style=\"display: none !important;\"><\/div>\n<div class=\"stream-item stream-item-below-post-content\">\n\t    <!-- \/91333190\/SPLASH247_*_Splash247_Article_*_Strip_Slot_*_2 --><\/p>\n<div id=\"div-gpt-ad-1_95_0_1_2\">\n<script>\ngoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); });\n<\/script>\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>splash247<\/p>\n","protected":false},"excerpt":{"rendered":"<p>State-owned COSCO Shipping Holdings, which runs a vast ports empire around the globe as well as the world\u2019s fourth largest containerline, has vowed to be carbon neutral by 2060 \u2013 a timeline in sync with Beijing\u2019s own nationwide decarbonisation targets. In September 2020, President Xi Jinping announced China will aim to hit peak emissions before &hellip;<\/p>\n","protected":false},"author":1,"featured_media":13082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[58],"tags":[],"class_list":["post-30010","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tanker-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/30010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=30010"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/30010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/13082"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=30010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=30010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=30010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}