Algae.Tec to form JV in China for algae for renewable transportation fuels and carbon capture facility; raising A$5M

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The facility will produce approximately 33 million liters of algae-derived transport oil and approximately 33,000 tonnes of biomass per annum at a combined value of more than $40 million, and capture 137,000 tonnes of waste carbon dioxide, according to Algae.Tec Executive Chairman, Roger Stroud. Algae.Tec Ltd. earlier post ) signed a binding Memorandum of Understanding (MOU) for a 50/50 equity joint venture (JV) in China with Shandong Kerui Group Holding Ltd.

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Satellite altimeter data study finds global ship traffic up 4x over past 20 years

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Ships powered by fossil fuels dump oil, fuel and waste into the water and pump exhaust into the air. Burgeoning ship traffic has increased the amount of pollution in the atmosphere, particularly above the Sri Lanka-Sumatra-China shipping lane, where the study notes a 50% increase in nitrogen dioxide, a common air pollutant, over the 20-year period.

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Ford 2017 trends report: disruption the status quo, “never more difficult” to find objective information

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In an on-demand world, patience has become less of a virtue; there now are more ways to rationalize how we spend our time—rather than declaring it “wasted”. Sri Lanka, São Paulo and the US were devastated by floods this year. 72% of adults globally agree that the their definition of wasting time is different than in the past. For the past five years, Ford has issued an annual trend report exploring societal shifts expected to influence consumers and brands (e.g.,

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