The scope for regulatory lenience is low, and the 2025 rules could accelerate capacity restructuring within the industry.

China’s directive comes at a time most major Chinese carmakers are looking to localize manufacturing so as to avoid tariffs on Chinese-made EVs.

Aviation is one of the heaviest-emitting industries, and among the most difficult to decarbonize.

The company touts the system as a milestone for net-zero shipping, and plans to soon install it on a 35-meter fishing vessel. 

Cyprus agriculture minister Maria Panayiotou said that Europe experienced its worst drought conditions in 500 years in 2023.

 The Biden administration is currently targeting 2050 to achieve net-zero greenhouse gas emissions from the aviation sector. 

Canada, the U.S. and the EU have all accused China of providing unfair subsidies to automakers and green energy manufacturers.

The IWSA says the uptick in wind-powered vessels hitting the water has been driven by the performance of wind propulsion technology strengthening in recent years

Starting in 2025, 7-11% of trucks sold by manufacturers in Washington must be zero-emission vehicles, depending on the classification of the truck.

The study will be conducted by maritime services firm Lloyd's Register and nuclear engineering company Core Power.