Remora is retrofitting semi-trucks to be carbon neutral by capturing carbon emissions while in motion, addressing 3% of total U.S. emissions.

Remora's technology captures 80% of exhaust emissions from trucks, demonstrating its effectiveness in reducing carbon output.

One project involved optimizing ship routes by predicting fuel consumption based on the route taken.

During their YC batch, Cound secured contracts with ship owners, marking a significant breakthrough in a challenging industry.

Today, hundreds of ships are using Bearing AI's technology, resulting in significant fuel savings and operational efficiency, which emerged from the collaboration between Mitsui's maritime expertise and my team's AI knowledge, showcasing how diverse expertise can lead to innovative solutions.

The startup Bearing AI, which aims to make ships more fuel-efficient using AI, was validated through customer feedback and technical feasibility checks before development.

Corporations, particularly regulated energy companies, are the primary buyers of carbon offsets, with countries also purchasing at scale. Many companies are taking responsibility for their carbon emissions and striving to become carbon neutral, as sustainability is now a key part of their value proposition.

Sam Altman emphasizes that the shipping industry has not yet adopted effective technology, leaving a significant market opportunity for startups like Shipamax.

Starting in 2021, airlines will be required to offset their emissions, creating a demand for carbon credits that is expected to grow significantly.