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To limit the release of pollutants onto nearby communities, The California Air Resources Board (CARB) has strict guidelines around ships powering themselves at port. That means large vessels must either connect to shore power, or employ another strategy to capture their emissions. Today’s company is that other strategy.
Michael Walker is the CEO of STAX Engineering, a company with a mobile emissions capture technology that’s currently being deployed on container ships, car carriers and oil tankers up and down the California coast. STAX’ technology connects directly to the ship's stack, and prevents the spread of harmful pollutants like PM2.5 and nitrous oxide to port-adjacent neighbourhoods.
Their tech is impressive, and in California, concerted government efforts to improve air quality have created some serious tailwinds for STAX. But will their value prop hold up in places with less stringent regulation?
Let’s find out.
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To learn more about STAX, you can check them out at: https://www.staxengineering.com/
If you have any feedback on today's episode, shoot us an email at [email protected]
For more information on BCG’s commitment to sustainable investing, and to stay updated, visit our website at: https://www.bcg.com/industries/principal-investors-private-equity/sustainability-in-private-equity
By BCGTo limit the release of pollutants onto nearby communities, The California Air Resources Board (CARB) has strict guidelines around ships powering themselves at port. That means large vessels must either connect to shore power, or employ another strategy to capture their emissions. Today’s company is that other strategy.
Michael Walker is the CEO of STAX Engineering, a company with a mobile emissions capture technology that’s currently being deployed on container ships, car carriers and oil tankers up and down the California coast. STAX’ technology connects directly to the ship's stack, and prevents the spread of harmful pollutants like PM2.5 and nitrous oxide to port-adjacent neighbourhoods.
Their tech is impressive, and in California, concerted government efforts to improve air quality have created some serious tailwinds for STAX. But will their value prop hold up in places with less stringent regulation?
Let’s find out.
—---------------------------------------------------------------
To learn more about STAX, you can check them out at: https://www.staxengineering.com/
If you have any feedback on today's episode, shoot us an email at [email protected]
For more information on BCG’s commitment to sustainable investing, and to stay updated, visit our website at: https://www.bcg.com/industries/principal-investors-private-equity/sustainability-in-private-equity