Pacific Environment and Braid Theory announced a partnership to launch the “Zero-Emission Shipping Venture Studio” to support innovative technologies and solutions to achieve zero emission shipping and maritime decarbonization. The announcement occurred at AltaSea at the Port of Los Angeles during Braid Theory’s annual Ignite22 Global Tech Showcase, a conference that brings together entrepreneurs, innovators, and future thinkers to explore the blue tech industry with exhibits and demonstrations on land and in the water.
This partnership seeks to support adoption of standards for zero-emission shipping by 2040 in California by accelerating innovation in the maritime space and ocean industry through knowledge sharing, joint innovation, entrepreneurship, commercialization, business and workforce development.
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“We are thrilled to announce our zero-emission shipping accelerator and venture studio to help support companies working to disrupt fossil fuel reliance in the global shipping industry,” said Teresa Bui, Director for Climate Policy. “With our partner, Braid Theory, we are focused on accelerating innovations to mitigate and eliminate greenhouse gas and air pollution emissions in maritime shipping and ports. If shipping were a country, it would be the sixth worst polluter globally and here in California ship pollution is a major cause of cancer and childhood asthma, so we are proud to be all in on transitioning this industry in the world’s most decisive decade for climate change mitigation.”
“We are proud to partner with Pacific Environment, and are excited to be working on-the-ground in our home Port of Los Angeles to help the shipping industry transition to zero emissions by 2040. Braid Theory’s expertise is weaving together entrepreneurs, industry influencers, and corporate partners to accelerate adoption of transformative technology, drive market growth, and create profitable collaborations — which is exactly what is needed for the shipping industry,” said Ann Carpenter, CEO, Braid Theory.
Source: Pacific Environment