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Viridos had formed an R&D partnership with Exxon in 2010, collaborating on the development of next-generation biofuels from algae. According to the company, SAF and RD made from its algae oil are expected to have a 70% reduced carbon footprint.
For example, a 2010 heatwave in Russia killed 55,000 people , and the UN estimates that, already, 20 million people per year are forced to leave their homes because of climate change. There are clear consequences for business , as well, from supply chain and shipping disruptions to higher costs, changing markets, and regulatory shifts.
Between 2010 and 2019, the cost of wind turbines, solar panels, and lithium ion batteries fell 55%, 85%, and 85%, respectively, while solar deployment grew more than tenfold and electric vehicle use increased more than 100-fold. And that’s a very good message.” The dangers of overshooting 1.5°C
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