The Largest & Biggest Logistic Industry

Alternative Energy Sources: Alternative energy is an alternative energy source that doesn’t originate from fossil fuels, which means it emits lower levels of carbon dioxide than conventional sources of energy (such as oil, coal, and natural gas).

Biodiesel: The fuel used in diesel is made by the breakdown of fats and oils in animals and plants. Biodiesel can be used as a drop-in fuel, which means it’s compatible with diesel engines already in use.

Biogas: Most commonly composed of methane (CH4) and carbon dioxide (CO2). Biogas is a mixture of gasses generated from waste materials (such as municipal garbage, food waste, and organic waste). Biogas is liquidized or compressed after removing trace gases and carbon dioxide and is used to power a motor vehicle. In addition, methane, carbon monoxide, and hydrogen can be burned with oxygen, resulting in an energy release that can be utilized as a fuel source for heating or electric power. Biogas is a renewable resource because it does not emit net carbon dioxide and is a renewable energy source.

Bio-LNG: Liquid biomethane (liquified bio-natural gas or biogas liquified) can be described as the liquified variant of biomethane. The gas is liquified and becomes much easier to transport into tanks.

Biomethane: Methane produced by biogas after its trace gases and carbon dioxide are eliminated. Biomethane can be injected into the gas grid and used to fuel heating, electricity, and automobiles.

Biomethanol: The alcohol produced by biomass like wood waste bioethanol is a renewable fuel that can utilize in specifically designed internal combustion engines, when combined with gasoline, or by itself.

Carbon capture: The process of taking carbon dioxide and storing it before it is released into the air. The majority of carbon capture occurs from biomass or chemical power plants. Carbon capture is performed to prevent carbon dioxide from escaping into the atmosphere, limiting environmental impact and accelerating climate change.

Indicator of Carbon Intensity: The carbon intensity indicator (also known as simply CII) is an indicator of the efficiency of operation of ships that transport goods or passengers in carbon dioxide emission. It is calculated by dividing the CII can be calculated through dividing the carbon dioxide equivalent in grams produced in deadweight nautical miles.

Carbon Neutral: Being carbon neutral means that any carbon dioxide released in the air is matched with a comparable amount taken out of the atmosphere. Carbon neutrality takes only into consideration carbon dioxide and does not include writers greenhouse gases.

Carbon Offset: Most often used to attain carbon neutrality, carbon offsets involve reducing or eliminating carbon dioxide to offset emissions from other sources. In terms of tonnes of carbon dioxide equivalents, carbon offsets are an alternative to canceling other emissions and thus achieving neutral carbon emissions.

Carbon Tax: Carbon taxes are the tax imposed upon carbon dioxide emissions to give financial incentives to cut emissions. The majority of carbon taxes are targeted at carbon dioxide emissions. However, they may also cover other greenhouse gases, such as methane or nitrous oxide.

Circular Economics: As opposed to a traditional linear economic model based on production and use and disposal, The circular economy seeks to transform the ‘disposal’ stage back to the production phase. Recycling bottles made of plastic to be transformed into a new plastic product following use would be circular. It could also be called”cradle-to-cradle” economic.

Climate-Neutral: Like carbon neutral term “climate neutral’ refers to the neutrality of emissions, where greenhouse emissions released in the air are equivalent to eliminating CO2 emission from our atmosphere. In contrast to carbon neutrality, climate neutrality refers to greenhouse gas emissions of all kinds, not just carbon dioxide.

Direct Emission: Direct greenhouse gases, also known as direct emissions, are emitted by sources controlled or owned by the entity that is reporting. Direct emissions may also be described as Scope 1 emissions.

E-Fuel: Also called Electrofuel E-fuels, is produced by capturing carbon dioxide and is powered by renewable energy sources such as solar or wind. E-methanol is a prime example of an E-fuel.

Environmental Governance, Social, and Environmental: ESG is the management of corporate activities of social and environmental impacts. ESG information can encompass but isn’t restricted to information such as employee engagement surveys, carbon emissions, water consumption, and the senior management’s demographics.

Indirect Emissions: Refer to greenhouse gases from a reporting organization; however, they are generated from sources owned by different entities. Indirect emissions can be caused by the purchase of electricity for operation or through emissions generated by shipping goods used for the benefit of a business. Indirect emissions fall into Scope 2 and 3 emissions.

Methane: One of the main components in biogas and natural gas. Methane is a greenhouse gas that can be transformed into a liquid and used as fuel.

Methanol: An alcohol type used as fuel for vessels, cars, fuel cells, and stoves.

Net Zero: According to the Science Based Targets initiative, Net zero refers to the reduction of the scope 1, 3, 2, or 3 emissions to zero or a residual amount which is compatible with achieving emission net-zero at the industrial or global level, in pathways that are eligible to limit global warming to 1.5 degrees.

Offsetting: Like carbon offsets, or climate offsets is the term used to describe reducing carbon dioxide emissions and other greenhouse gases to compensate for other emissions. Canceling is a term that covers all greenhouse gases, not just carbon dioxide.

Scope 1: Emissions are direct greenhouse gas emissions produced by sources owned or controlled by an organization or company.

Scope 2: Indirect emission result produced by purchasing energy to assist in the production and operation of the workflow of a business.

Scope 3: Emissions from Scope 3 can also be indirect emissions because they originate through a third party within the supply chain of a business, for example, fuel used by a logistics company.

Sustainable Development Goals: Often referred to as SDGs, the United Nations’ Sustainable Development Goals are 17 goals set to achieve the 2030 Agenda for Sustainable Development. All United Nations member nations adopted them in 2015, and the SDGs deal with everything from hunger in the world to climate change.

Technology Readiness Scale: Also called a level of technology readiness (or TRS/TRL), the scale 1-9 indicates the technology’s maturity level, with 1 being the bottom and 9 being the highest level of readiness. Level 1 means the research phase, while level 9 references the operational.

The Emissions From A Good Tank: Also known as upstream emissions, so-called well-to-tank emissions comprise greenhouse gas emissions released into the atmosphere due to the manufacturing, processing, and distribution of energy source or fuel.

The Well To Awake: Sometimes referred to in conjunction with wheel, this word is a step higher than well to the tank to refer to the emission that occurs after the extraction of fuel until the conclusion of its usage cycle, for instance, from the extraction of biodiesel to its final combustion stage.