Taking fuel from forests to power up ocean-going ships could rapidly become reality, thanks to Scion’s marine biofuel breakthrough.
Scientists with what is now an internal group of the newly formed Bioeconomy Science Institute have formed Biowave, a funding startup aiming to draw in funds to take their proven technology to the next stage of scale and testing.
The international shipping industry is under
significant pressure to curtail its emissions with standards tightening up between now and 2050, when it is expected to achieve net zero emissions.
The mandate known as MARPOL sets a threshold for ships to operate under. Exceeding it requires them to buy remedial fuel units, while those using zero or near-zero tech will receive financial rewards.
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