Cargo ships carrying parts to Volvo's factories in Europe and the Americas will be powered by renewable fuels, cutting as much as 55,000 tons of CO2 per year car auto cars
from the world’s ocean freight needs,” says Javier Varela, Volvo’s Chief Operating Officer and Deputy CEO. “Yet this initiative shows that we can act now and implement solutions that achieve significant results during the wait for long-term technological alternatives.”Volvo worked with its shipping partners to get them to use Fatty Acid Methyl Esters in their ships. This mainly comes from waste cooking oil, and no feedstock related to palm oil or palm oil production will be used.
The latest measure introduced by the company, whose goal is to reduce the lifetime carbon footprint of its vehicles by 40 percent between 2018 and 2025, Volvo says that it hopes to inspire other automakers to follow suit. “We don’t view this initiative as a competitive advantage,” Javier adds. “On the contrary, we want to spark other carmakers into action as well, to increase demand for carbon efficient ocean transports and to establish renewable fuels as a mid-term solution that works. We all have a responsibility to act.”
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