Page 29: of Marine News Magazine (July 2021)
Propulsion Technology
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range. Energy storage is important when working toward those alternative fuels or a complete movement away from internal combustion engines. That hybrid application is in operation along the New England coast with our company
First Harvest Navigation (a documentary on the project is available on YouTube at https://bit.ly/thelastlinedoc).
The IMO goal of 50% reduction of GHG gases by 2050 requires all of these technical issues to be answered, built, tested and developed. Historically, regulation has never driven the marine markets. Private investment has been that leader and the investment path must have the ethics to take emissions reduction into the boardroom. Without that corporate drive you will see the application of carbon credits used to meet the 2050 goals.