Shipping is the most efficient means of cargo transportation. However, in absolute terms, greenhouse gas (GHG) emissions from global shipping are significant and are rising due to the increase in global trading of goods. Greenhouse gases – carbon dioxide (CO2) methane (CH4) – trap the infrared radiation released by the earth’s surface and keep the planet warmer at a temperature of 33°C (91°F). The increase in CO2 from human-induced activities is widely accepted to increase the earth’s temperature. CH4 has approximately 21 times the global warming potential of CO2.
Capital-Executive’s strategic objective is to preserve its industry-leading position on climate change by combining energy efficiency improvements in current operations with investments in research and technology to reduce the carbon footprint of new vessels.