Methanol as fuel for shipping gets support from COSCO and Bill Gates

Chinese giants COSCO and China Merchants are looking at Methanol as fuel for shipping, while Bill Gates has also invested in tech to support the switch. The Danish startup Blue World Technologies has just raised €37m ($36.9m) from investors including Breakthrough Energy Ventures, which is backed by Bill Gates, to help it scale up production

SK invests in Bill Gates’ TerraPower

SK Inc. and SK Innovation invested in a next-generation small modular reactor (SMR) developer, stepping up their efforts to reduce global carbon emissions. The investment is likely to provide a boost to SK Group’s strategy for the early achievement of net-zero emissions as well as group-wide efforts to build a green energy portfolio. SK announced

Amid global oil and gas crisis, support increases for nuclear-powered ships

Support is growing for Mikal Bøe-led Core Power, a high-profile developer of nuclear propulsion for merchant ships. First launched in 2018, Core Power today can boast 49 shipping companies as backers of the UK firm, a grouping made up of owners, operators and managers who, combined, control more than 4,000 ships. James Marshall-led Berge Bulk

Diesel-powered trucks can run on renewables, thanks to this new Gates-backed tech

The diesel big rig is starting to move into the carbon-free future: Electric semi trucks are already beginning to make deliveries around the country. But although they can work well for short trips—and Volvo’s newest electric semi will be able to travel up to 275 miles before charging—they still aren’t yet a viable alternative for

‘A lot of climate tech start-ups will fail’ : Bill Gates

Bill Gates is excited about how many new climate tech start-ups have popped up in recent years. He also thinks that plenty of them won’t last. “The number of companies working on these things is very exciting,” Gates said in a virtual session of the World Economic Forum. “Some of them will fail. A lot