It is also supplying 5,417 tonnes of jet fuel to China Eastern Airlines for carbon neutral flights. Sinopec will offer carbon neutral gasoline and diesel to the public at selected fuel stations later in 2021.
Sinopec, Cosco Shipping and China Eastern Airlines each offset the emissions from their own activities related to the shipment. It measured the carbon dioxide produced throughout the entire life cycle of the petroleum, including oil exploitation, transportation, storage, refining and product consumption, to allow the emissions to be fully offset. China Classification Society Certification Company (CCSC) acted as the third-party verification agency. The carbon emissions from the whole life cycle of the petroleum have been offset by Sinopec, Cosco Shipping and China Eastern Airlines through a combination of energy saving and emission reduction strategies, and Chinese Certified Emission Reduction (CCER) carbon credits. The three companies aimed to jointly develop an a ‘new model of green transportation,’ with a cross-industry, full-cycle and zero-emission path, as China’s transport and energy sectors seek to reach peak carbon emissions and achieve carbon neutrality. From there the oil went to the Sinopec Gaoqiao Petrochemical Corporation refinery. Cosco Shipping shipped the oil more than 9,300 nautical miles from Angola to Ningbo Zhoushan Port in Zhejiang province, China. The 30,000 tonnes of crude oil came from Sinopec International Petroleum Exploration and Production Corporation’s share of oil in Angola.
CARBON NEUTRAL SHIPMENT FULL
It is China’s first shipment of full life cycle carbon neutral petroleum. The Shanghai Environment and Energy Exchange (SEEE) has certified a shipment of petroleum from Sinopec, Cosco Shipping and China Eastern Airlines as carbon neutral.
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