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Wärtsilä's 6.5-part plan to decarbonize global shipping by 2050
Once famous for building the world's biggest and most powerful engines, Finnish company Wärtsilä is investing heavily in technology to clean up the notoriously difficult heavy marine sector. CEO Håkan Agnevall lays out a roadmap to zero carbon 2050.
Once famous for building the world's biggest and most powerful engines, Finnish company Wärtsilä is investing heavily in technology to clean up the notoriously difficult heavy marine sector. The International Maritime Organisation (IMO) has just approved a plan, set to be formally adopted in October, that'll effectively put a mandatory "well-to-wake" carbon and emissions tax on the entire sector. It sounds absolutely bananas, but if the shipping and ports industries could just sync up their watches, the marine cargo sector could cut its fuel burn and greenhouse emissions by between 8-30% overnight, without laying a wrench on the vessels themselves at all.
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