Global Scans · Transport · Weekly Summary

• SAF can produce up to 80% fewer CO 2 emissions over its lifecycle than traditional jet fuel, and the International Air Transport Association (IATA) estimates that SAF will contribute around 65% of the reductions in emissions needed for the aviation sector to reach net zero in 2050. Hydrocarbon Engineering
• In the case of India, compared with China or other parts of the world, the Indian economy still continues to need more transport fuels so we expect India will continue to grow in transportation fuels. Nikkei Asia
• As cities worldwide seek sustainable solutions for urban mobility, the emphasis on robust bus-related transport systems presents an opportunity for India to lead by example. RTF | Rethinking The Future
• The current climate of shipping lanes and logistics, particularly affected by events in the Red Sea, presents several significant disruptions and adjustments within the global trade and transportation sectors. MultiModal UK
• The success of the Land Bridge has the potential to draw more investment to the EEC, serving as a gateway to global markets through air and sea transport. Thaiger
• Hydrogen is a significant industrial opportunity for the UK UK and is likely to play a major role in supporting the decarbonization of industrial processes, power and some parts of transport, such as maritime and aviation (either through direct use or sustainable aviation fuels). GOV.UK
• Regarding the effects of price tensions, increases in transport costs caused by the attacks in the Red Sea could affect consumer prices in Italy by a couple of tenths of a percentage point over a two-year horizon. FIRSTonline
• The EU has plans to produce 10 million tonnes and import 10 million tonnes of renewable hydrogen by 2030, and it has set ambitious targets to boost hydrogen use in industry and transport, positioning itself as a leader in demand-side policy incentives, which are lacking elsewhere. Canary Media
• The Indian government's targets for EV adoption - 40% for buses, 30% for private cars, 70% for commercial vehicles, and 80% for two-wheelers by 2030 - represent a decisive shift towards a more sustainable future in the transportation industry. EMobilityPlus
• The transition from an energy sector based on fossil fuels to one based on sustainable energy sources, and the associated transition to electrification in many industrial and transportation functions, will place substantial demands on global capital markets. NBER
• Hyundai's entrance into the realm of urban air mobility signals an exciting pivot towards smart cities where clean energy and innovative transport could redefine urban living. The Tech Edvocate
• GEODIS has set targets of 42% for the reduction of the GHG emissions generated by its fleets of vehicles and its buildings and 30% for the carbon intensity of subcontracted transport by 2030, by comparison with the base year 2022. Logistics Business Magazine
• Electric vehicles use almost 10 times more critical raw materials than conventional cars, and reaching net zero transport emissions by 2050 would require increasing critical mineral extraction for them sixfold within 15 years. The Guardian
• The EU has set a target of importing 10m tonnes of renewable hydrogen by 2030 for use in heavy industry and transport sectors that are traditionally reliant on coal, natural gas, and oil. Business Plus
• A consortium of four Scottish renewable and maritime companies have been awarded a UK Government Department for Transport grant of over £535,000 to develop an innovative UK-first approach that will use clean, green hydrogen energy to reduce carbon emissions from vessels when berthed in port. PortNews
• As age, rot, and climate change threaten transportation infrastructure, Transport Canada is looking for ways to identify and monitor performance issues at early stages. Transport Canada
• Transport Canada's Clean Rail Research and Development program encourages companies to develop technologies that could reduce emissions from moving people and freight by rail. Transport Canada
• The US private sector is a leader in technologies to produce, transport and use green hydrogen, which is expected to play a critical role in the decarbonization of heavy industry and freight transport. Engineering News
• Transportation accounts for around 20% of global emissions, but even the shift to net-zero will require decarbonization of new value chains, namely for electric vehicles (EVs). Edie
• A Light Rail Transit System might be more suitable for Dhaka, offering slightly lower speed, lower costs, and efficient service, especially in fringe areas with no public transport. The Business Standard
• Particularly in advanced economies and China, electricity demand will be supported by the ongoing electrification of the residential and transport sectors, as well as a notable expansion of the data center sector. IEA
• SpaceX envisions a robust interplanetary transport system, orchestrating a fleet of Starship spacecraft for regular travel between Earth and Mars. Exoplanet Science

Last updated: 09 February 2024