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DFDS Head of Innovation and Technology, Jakob Steffensen said methanol soon fell out of favour as a potential lower-carbon fuel once the company considered the wider industrial landscape.
“After discussing approaches with energy producers and other industries, we got really concerned about focussing on a fuel which needs to contain sustainable carbon. Industries like aviation and cement production, if society wants them to go green and sustainable, they are pretty much screwed without access to all of the sustainable carbon we can make,” said Steffensen.
“I think shipping needs to be really concerned about chasing a fuel that needs carbon, because we really don’t want to compete with for instance aviation on who is willing to pay the most for that sustainable fuel. Please look at the decarbonisation pathways of other industries in your country.”