In a big move for eco-friendly shipping, the rich people who own Maersk are starting C2X. It’s a company that will make green methanol. This is an important move for Maersk’s promise to reach zero pollution in shipping by 2050, the target set by the industry.
C2X: Starting Green Methanol Production for Cleaner Seas
A.P. Moller-Maersk A/S, a family-run business, started C2X to make eco-friendly methanol using plants or carbon collecting methods from the air as materials instead of harming nature like some other choices do when it comes to energy production processes nowadays. Maersk plans to use 25 big boats that only work with green methanol. This will help them cut their bad carbon stuff down a lot, supporting world moves for a cleaner sea shipping industry too.
Strategic Impact: Helping the World and Fixing Environmental Problems
The International Maritime Organization points out that global maritime transport is a big source of carbon. Maersk’s push also cuts down its emissions, helping to change this industry completely for the better. C2X is expected to make 3 million tons of green methanol by the end of this decade. This means Maersk could be at the front edge of a growing market, which may change how shipping companies use fuel.
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Source: Yahoo! news
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