Last month I was invited by the Credit Suisse Research Institute (CSRI), to participate in meetings related to the energy transition – a term that encompasses the shift away from fossil fuels and towards a reduction in greenhouse gas (GHG) emissions. For my part I made a presentation during which I touched upon some of the challenges shipping faces during this transition and briefly discussed a few solutions we have been working on at Eco Marine Power. Perhaps more importantly though, I was able to gain a better understanding of the global trends in regards to energy transition, and how shipping is viewed by those outside the industry in terms of the measures being taken to lessen its impact on the environment. During my presentation I also suggested that shipping needed to deal with some uncomfortable questions. That is to say, the discussion needed to move beyond contemplating alternative propulsion technologies, lower carbon fuels & the reduction of emissions, to a deeper reflection about the industry itself.
Posted on - 2019-12-12