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🗞️ Driving the news: Seabound, a London-based startup, has developed a carbon capture system capable of removing 95% of CO2 emissions from cargo ships, addressing a significant challenge in the shipping industry's effort to reduce its carbon footprint

🔭 The context: The shipping industry, which is responsible for 3% of global CO2 emissions, has few viable technologies to significantly reduce its environmental impact
• Seabound's innovation comes as a crucial development, particularly as the industry seeks to meet international emissions reduction targets

🌍 Why it matters for the planet: This technology represents a significant step towards decarbonizing one of the world's largest sources of emissions
• By capturing CO2 before it enters the atmosphere, Seabound's system could play a crucial role in mitigating climate change and helping the shipping sector achieve net-zero emissions by 2050

⏭️ What's next: Seabound plans to scale its technology, aiming to capture CO2 on 1,000 cargo ships by 2030 and 10,000 by 2040
• The startup's approach offers a promising solution to reduce emissions immediately, rather than waiting for the development and adoption of alternative fuels

💬 One quote: "This breakthrough demonstrates that the shipping industry doesn’t have to wait for new fuels or solutions to reduce its emissions in the future — we can start to capture carbon from the existing fleet right now," (Alisha Fredriksson, co-founder of Seabound)

📈 One stat: The shipping sector emits 3% of global carbon dioxide, more than air travel, highlighting the critical need for innovations like Seabound's carbon capture system

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