RE: Steady rise27 Apr 2021 16:11
As was discussed in a recent zoom type meeting with a number of executives from the shipping industry, including MSC's (bearded guy from across the pond), the industry is going to depend on a variety of solutions for energy. Other industries will be the same and given the vast oil resources already discovered and available, oil will continue to be a major part in meeting the demand. QFI's MSAR technology should help to utilise these existing oil resources in a more environmentally friendly way.
For me, Biofuels are likely to be way behind in development and usage. I struggle to get my head round how we can produce enough crops or other feed-stuff sources, when the world's demand for food production continues to expand. Deforestation to produce these crops will likely result in a worse carbon position as the carbon absorbing trees are removed.
QFI are in a good position to exploit this ever-increasing demand for cleaner fuel, potentially keeping company accountants and tree-huggers happy at the same time, if that's ever possible??