Decarbonization Efforts at Maersk

Lindsay Levin and Morten Bo Christiansen discuss Maersk's ambitious plan to decarbonize by 2040. They highlight the company's efforts, including ordering green methanol-powered ships and electrifying terminals. The conversation covers the challenges of scaling green methanol production and the cost implications for consumers. Despite the daunting task, Maersk is committed to leading the shipping industry's shift towards sustainability.

What is Maersk's target year for decarbonizing its business?

• 2040

• 2030

• 2050

• 2060

What type of fuel is Maersk using for its new container ships?

• Green methanol

• Green diesel

• Green hydrogen

• Green ammonia

How many green methanol-powered ships did Maersk have on order as of the discussion?

• 50

• 200

• 120

• 25

What is the main challenge in scaling the production of green methanol?

• Lack of technology

• High cost

• Regulatory issues

• Need for renewable energy

What percentage of global wind and solar energy would Maersk need for its fleet to run on e-methanol?

• 5-6%

• 3-4%

• 7-8%

• 1-2%

Why is there uncertainty in choosing the right green technology for shipping?

• Insufficient research

• No government support

• Multiple viable options

• Lack of funding

Why did Maersk choose methanol as their fuel of choice?

• It's the most popular

• It's the cheapest option

• It's the most sustainable

• It works now

What is a significant challenge associated with green fuels?

• They are not scalable

• They are not available

• They are more expensive

• They are less efficient

How much could the cost of consumer products increase to achieve a net-zero footprint?

• 1-4%

• 15-20%

• 5-10%

• 10-15%

What strategy is Maersk using to manage the cost of green fuels?

• Partnering across the value chain

• Increasing shipping rates

• Reducing fuel consumption

• Government subsidies