Welcome back everyone!
This time we’re here to talk about COP26 and eliminating ICE from the marine industry.
The COP26 climate change conference has come to an end recently and world leaders have signed a new climate agreement. Progress has been made in some respects, but it is a far-cry from what is truly needed. Many industries are being slowly driven towards lowering emissions, including the marine industry. But in a lot of respects, it’s too little, too late.
A new technology must be ‘bankable’ and usable. It must be competitive in the market and must be simpler or compelling to use. Solar and wind power are now the cheapest forms of energy available, and the end user can choose a green energy plan simply and without complication. The rapid uptake of electric vehicles has been due, in large part, to them being far better than their ICE competitors; faster, safer, and with home charging; most E.V’s rarely visit a charging station, eliminating even the thought of having to recharge.
The pathway to a clean and socially stable future is going to be built on the back of technology that people don’t have to adapt to use, and that come to users’ natural inclinations. Our project is going to show a yacht that is both safer and simpler than any other currently afloat. It is our vision that CMG is the solution that can be the backbone for the whole industry to move away completely from fossil fuels. We will have to demonstrate the safety and comfort, and it will be the boat owners that will drive change, not government regulation.
There are signs of regulations coming through that harm end-users due to belated government action on climate change. Emissions and noise restrictions in areas with large coasts are on the horizon, and as a community of seafarers, we look forward to not being affected in the least, because CMG enabled us to reach zero-emissions while keeping the experience of sailing intact.
Many of the main OEM’s are supplying a myriad of awesome electric motors, batteries, and other solutions and everyone will have their own implementation of CMG to make it work safely and reliably. We are committed to making this widely available, as quickly as we can, so that everyone can benefit, and not be hampered by the well-due regulations that are coming to the marine world.
We can eliminate fossil fuels from our industry faster that what has been agreed to at COP26. We believe 100% zero emissions is possible for all sailing and cruising yachts before 2050. Before CMG, the only realistic option was a hybrid system, saving only between 10-30% of emissions, while also being expensive and predicted only to achieve a maximum of 5% of the market share by 2025.
First we need to get Whio II in the water, show off just how effective CMG can be, and then we can start changing the industry over to fully-electric and zero-emissions. Make sure to read our previous blog posts to learn more about how CMG and Whio II intend to do this.