The container shipping lines that carry the bulk of global trade are betting on greener technologies, but there are still reasons those wagers could fail.
The discussion around ‘green methanol’ has been about using solar and wind to power direct air capture of CO2 and synthesis of a liquid hydrocarbon for use as fuel. It’s currently quite expensive - around $45/gallon
I could see it coming down to around 1/3 of that cost if it was scaled up. Which would probably be cheap enough to allow some use of it for intercontinental shipping.
The discussion around ‘green methanol’ has been about using solar and wind to power direct air capture of CO2 and synthesis of a liquid hydrocarbon for use as fuel. It’s currently quite expensive - around $45/gallon
I could see it coming down to around 1/3 of that cost if it was scaled up. Which would probably be cheap enough to allow some use of it for intercontinental shipping.