Biofuel Feedstock Shortage Hinders Green Shipping Ambitions

The world’s largest shipping company, A.P. Moller Maersk A/S, aims to have net-zero carbon dioxide emissions from its own ocean operations by 2050 as the industry responsible for around 3 percent of global CO2 emissions looks to boost sustainable seaborne transportation.   Yet, the ambition of Maersk, and that of other shipping firms, clashes with the scarcity of feedstock for biofuels, amid limited availability of the key ingredient for producing biofuels—used cooking oil.  The problem with running ships on green fuels…