Renewables
EU’s Proposed Shipping Subsidies Could Make BioLNG Cheaper Than Fuel Oil
CEII brief
OilPrice.com reported on 22 Oct 2026: EU’s Proposed Shipping Subsidies Could Make BioLNG Cheaper Than Fuel Oil.
Read the full story on OilPrice.comEurope’s carbon market could soon start paying shipowners to switch fuels, but the support on offer is far from equal.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
27.8% of electricity in the world was renewable in 2021Original reporting © OilPrice.com. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.