Giant shipper bets big on ending its carbon emissions. Will it pay off ?

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The Danish company Maersk has been shipping goods around the world since the age of steamships. Now it wants to usher in a new era, with carbon neutral transport.

Maersk — the world’s largest container shipping company — has an astonishing goal. By 2050, the company vows to send goods — everything from electronics to soybeans to sneakers — around the world with zero carbon emissions.

The environmental logic behind such a promise is straightforward: Shipping contributes substantially to global climate change.

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5 biggest job cuts announcements in 2011

Patrick Donahue

U.S. Postmaster General Patrick Donahue

U.S. Postmaster General Patrick Donahue prepares to testify at  Senate hearing on the the U.S. Postal Service’s fiscal crisis on Sept. 6 Senate. The postal service’s 7,500 job cuts announced in March rank No. 5 on outplacement consultancy Challenger, Gray & Christmas’s list of 2011 announced workforce reductions.

 

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