{"id":32727,"date":"2026-10-27T19:23:09","date_gmt":"2026-10-27T23:23:09","guid":{"rendered":"https:\/\/ncnguyana.com\/2023\/?p=32727"},"modified":"2026-10-27T19:23:09","modified_gmt":"2026-10-27T23:23:09","slug":"pres-ali-talks-net-zero-in-shipping-industry","status":"publish","type":"post","link":"https:\/\/ncnguyana.com\/2023\/pres-ali-talks-net-zero-in-shipping-industry\/","title":{"rendered":"Pres. Ali talks net zero in shipping industry"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n\n<p class=\"wp-block-paragraph\">&#8211;&nbsp;<strong>Urges stakeholders to examine the costs<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">-by Jordan Alkins <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">President Irfaan Ali has cautioned the region against backing global shipping policies without first knowing what they will cost it.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He was at the time addressing&nbsp;the Caribbean Shipping Association\u2019s 56th Annual General Meeting&nbsp;and Conference&nbsp;at the Marriott in Georgetown.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Net zero is the global goal of cutting carbon emissions, and shipping is being asked to get there too.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However,&nbsp;President&nbsp;Ali says the Caribbean must weigh for itself what getting there will cost the region&nbsp;&#8211;&nbsp;from delivering clean fuel to choosing which fuel to use&nbsp;&#8211;&nbsp;before backing global policies.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He&nbsp;says&nbsp;Guyana is well placed to speak on net zero, as one of the biggest contributors to it,&nbsp;adding that theconversation must, however, move&nbsp;beyond the conference room.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201c<strong>But this net zero conversation must not just be a sexy conversation for a room. It must be a practical conversation. And we in the Caribbean must understand the consequential effect of this conversation and the implications of this&nbsp;conversation<\/strong>,\u201d he said. <br>President Ali noted that an estimated two trillion US dollars will be needed globally up to 2050, not for new ships, but to land, store and deliver clean fuel.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This he says raises several questions, including\u00a0who will pay, and how disproportionate a share the Caribbean could carry if a new capital cost is created to meet a global requirement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He also cited estimates showing that complete&nbsp;decarbonization&nbsp;could initially raise annual marine fuel expenditure by 70 to 100 percent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThat is the reality. That is not to say we don\u2019t go on a decarbonizing drive, but that is to say, we must have a full understanding as to what this means for our sector in this region,\u201d he said. <br>President Ali identified uncertainty over fuel choices as another challenge, with biofuel, green methanol, green ammonia, hydrogen, battery electricity and LNG all facing questions about production, cost and availability.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">He is therefore urging\u00a0delegates to contribute to independent analysis of the full shipping ecosystem, so the region can make informed policy choices that protect both the planet and its businesses.<\/p>\n\n\n<figure class=\"wp-block-post-featured-image\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1080\" height=\"724\" src=\"https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2026\/10\/image-99.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" style=\"object-fit:cover;\" srcset=\"https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2026\/10\/image-99.png 1080w, https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2026\/10\/image-99-300x201.png 300w, https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2026\/10\/image-99-1024x686.png 1024w, https:\/\/ncnguyana.com\/2023\/wp-content\/uploads\/2026\/10\/image-99-768x515.png 768w\" sizes=\"(max-width: 1080px) 100vw, 1080px\" \/><\/figure>","protected":false},"excerpt":{"rendered":"<p>&#8211;&nbsp;Urges stakeholders to examine the costs -by Jordan Alkins President Irfaan Ali has cautioned the region against backing global shipping policies without first knowing what they will cost it.&nbsp; He&hellip;<\/p>\n","protected":false},"author":1,"featured_media":32697,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[361,350],"tags":[488,1333,950,448,412,405,1332],"class_list":["post-32727","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-and-economy","category-news","tag-488","tag-caribbean-shipping","tag-logistics","tag-ncn","tag-ncn-guyana","tag-ncn-news","tag-shipping"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/32727","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/comments?post=32727"}],"version-history":[{"count":1,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/32727\/revisions"}],"predecessor-version":[{"id":32728,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/posts\/32727\/revisions\/32728"}],"wp:attachment":[{"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/media?parent=32727"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/categories?post=32727"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncnguyana.com\/2023\/wp-json\/wp\/v2\/tags?post=32727"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}