_________________________________________________________________ OSG and Aptamus Carbon Solutions
in the coming years, and we’ ll start to make real progress on our onboard carbon capture development, providing shipping companies with different options to reduce emissions. While there may be some domestic political challenges in the near term, CCS is here to stay, and there’ s a lot of growth in private sector investment to sustain and expand CCS infrastructure, as well as to fund more research and development. Moreover, there is a rapidly expanding social acceptance of CCS which will help the power generation industry meet the enormous projected increase in electricity demand over the next 20 years. While we are big fans of renewable energy sources, this future demand growth cannot be met by solar and wind alone. Natural gas power plants will need to continue, and CCS will allow the production of clean power while the power companies continue to integrate renewables into their networks.”
Exciting times
“ There is a growing public awareness of all aspects of the energy supply chain and its current inability to meet future demand from renewables alone. People, business leaders, and our social and political institutions, are increasingly understanding that carbon emission reduction helps improve public health, grow local economies through job creation and innovation, and is good for businesses too, all these benefits are in addition to mitigating the destructive consequences of climate change.” Jeff concludes,“ Especially in Florida, which is the third highest CO 2 emitting state in the US and is ground zero for more destructive climate change induced weather events like hurricanes, dangerously warming ocean temperatures, and sea level rise, there is continued investment and awareness around the importance of carbon emission reduction. It’ s a very exciting time with innovative developments constantly emerging to protect property, people and businesses, and we’ re excited to be a part of this era of positive change through Aptamus.” ■
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