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Issues

January

26

Promise of Soil Carbon Marketplaces

Chesapeake Energy acquires US shale producer Chief Oil & Gas for $2.6bn

 www.streetinsider.com
"Chesapeake Energy Corporation (NASDAQ: CHK) today announced significant transactions designed to strengthen its asset portfolio, deliver...

Nikola completed AZ to CA trip on single hydrogen fill

 twitter.com
Well this just happened! Two of our #NikolaTreFCEV alphas took their first road trip from AZ to CA on a single fill with plenty of hydrog...

Plug Power acquires Houston co. in $30M bet to drive down costs, boost future revenue to $250M a year

 www.bizjournals.com
Plug Power CEO Andy Marsh is determined to build one of the largest global energy companies by displacing diesel-powered equipment with g...

Charge Enterprises Acquires EV Group Holdings LLC

 www.digitaljournal.com
Charge Enterprises, Inc. (OTC PINK:CRGE), (“Charge”), consisting of a portfolio of global businesses with the vision of connecting people...

Austin-based Novi Labs acquires Dutch energy data analytics provider ShaleProfile

 siliconcanals.com
Austin-based AI company Novi Labs on Wednesday announced the acquisition of Rotterdam-based energy data analytics provider ShaleProfile f...

Shields, Harper & Co. Acquires Lilypad EV

 www.renewableenergymagazine.com
Founded in 2009, LilyPad EV provides turnkey solutions for customers wishing to provide electric fueling. LilyPad EV’s customers span all...
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January

25

African Carbon Projects + Global CCUS Momentum

Shell Responds to Global Witness CCS report

 twitter.com
The Global Witness report conflates emissions data from two separate Shell carbon capture (CCS) projects – one of which is not yet built ...

Sylvera Raises $32M in Series A Round to Become Source of Truth in Carbon Markets

 www.prnewswire.com
Today, carbon offset ratings provider, Sylvera, announced it has raised $32.6M in Series A funding to accelerate its mission to become a ...

Lithion Recycling Announces the Closing of a First Significant Tranche of up to $125 Million Series A Financing Led by IMM Investment Global and Supported by Fondaction

 www.businesswire.com
Lithion Recycling Inc. (“Lithion” or the “Company”) is proud to announce it has reached financial close of a first tranche of Series A eq...

The U.S. Gulf of Mexico Offers a Unique Opportunity for American CCUS Leadership

 www.noia.org
The National Ocean Industries Association (NOIA) today released the policy paper, Carbon Capture, Use, & Storage: An Economic, Employment...

BP unveils up to $3bn CCUS project in Indonesia, country's first

 asia.nikkei.com
"Oil and gas giant BP has announced a plan for Indonesia's first carbon capture, utilization and storage (CCUS) project, with an estimate...

Carbon capture, hydrogen projects gain funding from Wyoming agency

 www.power-eng.com
The Wyoming Energy Authority and Energy Resources Council recommended funding requests for carbon capture utilization and storage project...
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January

20

7 Hydrogen Supply Chain Companies to Watch in 2022

Burns & McDonnell complete three 20-MWh energy storage systems in West Texas

 solarbuildermag.com
Burns & McDonnell has completed construction of three 10-MW/20-MWh lithium-ion battery energy storage systems (BESS) in West Texas. The t...

Why Goldman Sachs thinks advanced compressed air is worthy of US$250m investment

 www.energy-storage.news
Goldman Sachs Asset Management has more than US$2 trillion of assets under supervision through more than 30 offices around the world. ...

GATE Energy Awarded Major CCUS Project with E&P Operator

 www.prnewswire.com
GATE Energy, a leader in professional engineering, commissioning and field services, have been awarded the Carbon Capture, Utilization an...

Industry Support for Large-Scale Carbon Capture and Storage Continues to Gain Momentum in Houston

 www.prnewswire.com
Three additional companies have announced their support for exploring the implementation of large-scale carbon capture and storage (CCS) ...
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January

19

CO2 Pipeline Challenges in the US Midwest

Veolia Carbon Clean celebrates first carbon capture milestone

 www.gasworld.com
A joint venture (JV) between carbon capture specialist Carbon Clean and resource management company Veolia has announced its first projec...

INTERVIEW: New CCS, hydrogen firm Lapis Energy gains private equity funding for low-carbon projects

 www.spglobal.com
A new Texas-based carbon sequestration and hydrogen development company, Lapis Energy, recently received origination funding from the pri...

Transocean semisub assigned to Norwegian carbon capture project

 splash247.com
Offshore driller Transocean will later this year send its 2016-built semisub rig Transocean Enabler to support the Northern Lights carbon...

Oxford Energy Forum – Carbon Capture, Utilization and Storage (CCUS): barriers, enabling frameworks and prospects for climate change

 www.oxfordenergy.org
Carbon capture and storage (CCS) involves the trapping of man-made CO2 underground to avoid its release into the atmosphere. Because of t...
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January

18

Partnering to Bring Hydrogen + Energy Experts Together

2nd American Hydrogen Forum Showcases Potential for Hydrogen Economy

 www.prweb.com
ALJ Group and Decarbonfuse are collaborating to bring hydrogen and energy experts together in order to capture the growth potential of th...

Secretary Steven Mnuchin’s Liberty Strategic Capital to Invest $150 Million in Satellogic and CF Acquisition Corp. V (Nasdaq: CFV)

 satellogic.com
Satellogic, a leader in sub-meter resolution satellite imagery collection, currently 70 centimeters, and CF Acquisition Corp. V (Nasdaq: ...

Climate-Technology Company Colossus Announces $36 Million Series-A Round, Taking Total Funding to $41 Million

 www.prnewswire.com
Colossus announced today a $36 million Series A funding round, led by investors BuildGroup and including participation from Capital Creek...

Tado, the German smart home energy startup, plans to go public via a SPAC at a €450M valuation

 techcrunch.com
"Tado, the German smart home startup that specializes in thermostats and more recently moved into flexible “time of use” energy tariffs b...

Scotland’s First Offshore Wind Lease in Over a Decade Raises Nearly $1 Billion in Applications

 gcaptain.com
Scotland’s first offshore wind leasing round in more than a decade has raised nearly $1 billion in accepted application bids, Crown Estat...

EV charging scheme raises $6.2 million in funding, coming to 70 Taco Bell locations

 electrek.co
It’s been a big week for Taco Bell fans who don’t want to admit they’re Taco Bell fans. Just days after the restaurant chain announced a ...
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January

13

A Zero-Carbon Mine?

Schneider Electric Acquires Renewable Energy Platform Zeigo to Expand Digital Procurement Capabilities Globally

 www.pv-magazine.com
Schneider Electric, the leader in the digital transformation of energy management, automation, and sustainability today announced that it...

IBM Acquires Envizi to Help Organizations Accelerate Sustainability Initiatives and Achieve Environmental Goals

 finance.yahoo.com
IBM (NYSE: IBM) today announced it has acquired Envizi, a leading data and analytics software provider for environmental performance mana...

8 Unique Direct Air Capture Companies to Watch in 2022

 carboncurve.substack.com
For the last decade, three main companies have shouldered this burden and tirelessly worked through the hairy problem of using DAC to rem...

Catalyst acquires Leeds site for new £300m UK battery storage strategy

 www.yorkshirepost.co.uk
Catalyst Energy Storage Platform (CESP), headed by John Parsons, has acquired the leasehold interest in a brownfield site at the former S...
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January

12

Startup Spotlight: Mote, EnergyHawk, & Duckweed

LG Energy Solution IPO to fuel manufacturing capacity expansion on three continents

 www.energy-storage.news
LG Energy Solution will use proceeds from its initial public offering (IPO) this month to feed into growing the company’s manufacturing c...

Skyven Technologies Raises $4M to Reduce Industrial Carbon Emissions in Oversubscribed Round Led by VoLo Earth Ventures

 www.prnewswire.com
Skyven Technologies, Inc., an industrial Energy-as-a-Service (EaaS) company which funds and de-risks capital projects to reduce carbon em...

Commodities 2022: Outlines of a global hydrogen market emerge around hubs, large exporters

 www.spglobal.com
The outlines of a global hydrogen market are starting to emerge around industrial clusters and large-scale exporters, as a raft of nation...

EIA forecasts crude oil prices will fall in 2022 and 2023

 www.eia.gov
In our January 2022 Short-Term Energy Outlook (STEO), we forecast that crude oil prices will fall from 2021 levels. In the fourth quarter...
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January

11

Industry Analysts Look to 2022

Hydrostor Secures US$250 Million Investment from Goldman Sachs Asset Management to Accelerate Growth

 www.hydrostor.ca
Hydrostor, Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, today announced a preferred equity financing com...

Supply chain visibility company Project44 raises $240M led by TPG, Thoma Bravo, and Goldman Sachs at a $2.4B valuation

 www.bloomberg.com
Project44, a startup that enables the world's largest companies to track shipments across the global supply chain, reached a $2.4 billion...

Lightsource bp to partner with Dourogas on green hydrogen projects in Portugal

 www.cnbc.com
Solar business Lightsource bp is to partner with Portugal’s Dourogas on a number of projects centered around green hydrogen production. ...

Oklahoma gets hydrogen manufacturing commitment after taskforce study identifies potential

 www.oklahoman.com
While you can't smell or see hydrogen, it already is impacting Oklahoma. Woodside, an Australian company that aims to produce hydrogen as...

Shell contracts Thyssenkrupp for 200-MW green hydrogen project in Rotterdam

 renewablesnow.com
German industrial group Thyssenkrupp AG (ETR:TKA) today said it will construct a 200-MW green hydrogen plant for Royal Dutch Shell Plc (A...

Biden administration offers $1 bln loan guarantee for hydrogen project

 www.reuters.com
The Biden administration said on Thursday it has offered Monolith Nebraska LLC an up to $1.04 billion conditional loan guarantee for a pr...
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January

06

Will Carbon Markets Evolve in 2022?

Navigator C02 Ventures — 2nd of 2 proposed carbon capture pipelines — to hold Story, Boone meetings

 www.amestrib.com
The second company to propose a carbon-capture pipeline, Navigator C02 Ventures, will make its case to Boone and Story county stakeholder...

Why Prices of EU Carbon Permits are at Record Highs

 internationalbanker.com
On September 27, the price of European Union (EU) carbon-emission permits surged over €65 per metric tonne for the first time, extending ...

Commodities 2022: China's carbon market to expand, build capabilities

 www.spglobal.com
China's national carbon market will move into a phase of expansion and capacity building in 2022, which will widen the scope of the emiss...

EU Finally Admits Natural Gas And Nuclear Are Key To Decarbonization

 www.forbes.com
Finally, the European Union has admitted the obvious: if decarbonization is the goal, natural gas and nuclear must be a big part of the c...

ExxonMobil and Neste collaborate to deliver SAF at French airports

 www.airport-technology.com
Aviation fuel supplier ExxonMobil has reached an agreement with sustainable aviation fuel (SAF) producer Neste to commercially distribute...

Texas Geothermal Consortium Launches to Roadmap Capabilities and Technology Gaps

 www.texasgeo.org
The Geothermal Entrepreneurship Organization (GEO) at the University of Texas at Austin announced today the formation of a new consortium...
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January

05

The Producer Imperative - Reduce CO2 & Methane Emissions

S&P Global Acquires The Climate Service, Inc

 www.prnewswire.com
S&P Global (NYSE: SPGI) and The Climate Service, Inc. announced today that S&P Global has acquired The Climate Service. Based in Durha...

Clean Tech Startup Mote Unveils Plans for $100M Carbon Capture Plant

 labusinessjournal.com
There’s a new local entrant in the global decarbonization race: Culver City-based cleantech startup Mote Inc. On Dec. 15, Mote unveiled p...

Bill Gates-founded Clean-tech Initiative Funds Rocket Startup

 www.spaceflightinsider.com
Bill Gates’ Breakthrough Energy Ventures has backed Stoke Space’s goal of creating a fully-reusable rocket. Breakthrough Energy Ventur...

US-based Cummins to build 1GW hydrogen electrolyser factory in China with state-owned oil giant Sinopec

 www.rechargenews.com
US-based electrolyser maker Cummins has formed a joint venture with Chinese state-owned oil giant Sinopec — to be known as Cummins Enze —...

Clean Hydrogen Partnership vital to EU climate goals

 pemedianetwork.com
The EU’s new Clean Hydrogen Partnership will be vital to reach a targeted hydrogen production cost of €1.8/kg ($2/kg), according to the b...

Tesla Supercharger network is now ‘officially’ in all 50 states with public Hawaii station

 electrek.co
Tesla announced that it installed a new Supercharger station in Hawaii, which means that the Supercharger network is now “officially” in ...
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January

04

2022 Outlook - Reflation: Endgame

10 ESG Questions Companies Need to Answer

 hbr.org
Corporations have been grappling with the Business Roundtable’s all-important 2019 statement of intent — to move from financial sharehold...

Emerson Acquires Danish Automation Supplier to Wind Energy Market

 www.inddist.com
Emerson announced Dec. 16 that it has acquired Mita-Teknik in an all-cash transaction. Founded in 1969, Mita-Teknik is a leader in the co...

Scout Clean Energy acquires utility-scale solar project in Illinois

 pv-magazine-usa.com
Scout Clean Energy, a Boulder, Colorado-based renewable energy developer, owner and operator announced the acquisition of the utility-sca...

Enphase Energy Acquires Electric Vehicle Charging Platform ClipperCreek

 thedeepdive.ca
Enphase Energy, Inc. (Nasdaq: ENPH) announced today that it has closed the acquisition of electric vehicle charging platform ClipperCreek...

Blackbaud Acquires EVERFI, a SaaS Leader Powering Corporate ESG and CSR Initiatives that Reach Millions of Learners Each Year

 finance.yahoo.com
Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced it has acquired global social ...

ExxonMobil and Scepter, Inc. to deploy satellite technology for real-time methane emissions detection

 corporate.exxonmobil.com
ExxonMobil and Scepter, Inc. have agreed to work together to deploy advanced satellite technology and proprietary data processing platfor...
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December

20

Decarbon Daily - Series A Announcements

Daanaa – A Power Transaction Technology – Closes $7M in Series A Funding Led by VoLo Earth Ventures

 www.businesswire.com
Daanaa Resolution, Inc. just announced a Series A investment of USD 7M led by VoLo Earth Ventures. The funding will be used to complete D...

CDPQ and bp ventures announce collaboration and joint investment in BTR Energy

 finance.yahoo.com
Caisse de dépot et placement du Québec (CDPQ), a global investment group, and bp ventures today announced a new co-investment collaborati...

eLeapPower Announces $21 Million in Series A Funding, Accelerating Initial Production and Global Growth

 www.prnewswire.com
eLeapPower, a technology innovator revolutionizing electric vehicles – inside and outside - with its Smart Inverter System, announced tod...

ENGIE Commissions Final Project in 2.3 GW U.S. Renewables Portfolio Jointly Owned with Hannon Armstrong

 www.prnewswire.com
ENGIE North America Inc. ("ENGIE"), a leader in developing and managing renewable energy projects, and Hannon Armstrong Sustainable Infra...
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December

17

Decarbon Daily - Hyzon, Nuvve, and Others Find Partners for Low-Carbon Solutions

Hyzon Motors signs exclusive supply contract for hydrogen-powered electric trucks with leading European waste collection solutions company, Geesinknorba

 hyzonmotors.com
Hyzon Motors Inc. (NASDAQ:HYZN) is cleaning up waste collection through an exclusive supply contract with Dutch refuse collection company...

Nuvve and Colorado/West Equipment Deploy First V2G Electric School Bus Solution in Colorado

 www.prnewswire.com
Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global cleantech company electrifying the planet at the intersection of energy and transpor...

SK Inc. Invests in Fulcrum BioEnergy to Accelerate Production of Low-Carbon Fuel from Waste

 www.prnewswire.com
SK Inc., the strategic investment arm of South Korea's SK Group, announced today that is was part of a $50 million investment in Fulcrum ...

Gates-Backed Fund Invests in Carbon Capture Startup Sustaera

 www.bloomberg.com
Sustaera Inc., a startup that sucks planet-warming carbon dioxide out of the air, raised $10 million from a Series A funding round led by...

Proteum Energy and Istmo Energy Sign MOU For Production of Low Cost, Clean Hydrogen in the Permian Basin

 www.businesswire.com
Proteum Energy, LLC entered a binding Memorandum of Understanding (MOU) today with Istmo Energy LLC, headquartered in Fort Worth Texas, t...

Case Study: Central Concrete & CarbonCure: A Success Story

 resources.miningmarketplace.com
The largest CarbonCure supplier on the US West Coast, Central Concrete has achieved many milestones with CarbonCure. Read about them here.
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December

16

Decarbon Daily - PwC State of Climate Tech 2021

Carbon America Closes $30 Million Series A to Launch Carbon Capture Industry’s First Vertically Integrated Super Developer

 www.businesswire.com
Carbon America, the first vertically integrated carbon capture and sequestration (CCS) super developer, today announced it has secured $3...

Mote – World’s First Carbon Removal Plant Converting Wood Waste to Hydrogen

 hydrogen-central.com
Mote – world’s first carbon removal plant converting wood waste to hydrogen. Climatetech innovator Mote announced it is establishing i...

EU Leaders Set to Ask for Deeper Monitoring of Carbon Market

 www.bloomberg.com
The European Union’s heads of government are set to invite the bloc’s executive to improve monitoring of the EU carbon market, where a ra...

Honeywell, University of Texas partner to scale new carbon capture technology

 www.spglobal.com
A new carbon capture technology created by researchers at the University of Texas is now in the hands of the multinational technology com...

Climate provisions in Build Back Better Act will be critical to decarbonize US economy

 thehill.com
Last month the House passed the Build Back Better bill, which includes more than $500 billion in climate investments. It is hard to overs...

Chart Industries Acquires Earthly Labs

 ir.chartindustries.com
Chart Industries, Inc. (“Chart”) (NYSE: GTLS), a leading global manufacturer of liquefaction and cryogenic equipment serving multiple app...
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December

15

Decarbon Daily - Hydrogen Highlights

Plug Power and Certarus Partner on Green Hydrogen Supply and Expansion of Distribution Infrastructure

 www.ir.plugpower.com
Plug Power Inc. (NASDAQ: PLUG), a leading provider of turnkey solutions for the global green hydrogen economy, and Certarus (USA) Ltd., N...

One of the Largest Green Hydrogen Projects in the World: thyssenkrupp Signs Contract to Install Over 2GW Electrolysis Plant for Air Products in NEOM

 www.airproducts.com
Air Products (NYSE:APD) has awarded thyssenkrupp Uhde Chlorine Engineers a contract to supply a more than two-gigawatt (2 GW) electrolysi...

ZeroAvia Raises Further $35 Million for Zero-Emission Flight Technology, Taking Total Raised to $115 Million

 www.zeroavia.com
As the company moves closer to commercialization of its hydrogen-electric technology, ZeroAvia has secured a new raise of $35 million to ...

Amazon funds two climate tech firms as third gains ground

 www.axios.com
The Amazon Climate Pledge Fund announced investments in two new companies on Tuesday, both as Series A funding rounds made alongside othe...

Cargo Control Center Voyager Raises $8.4 Million

 pulse2.com
Voyager Portal — a software platform enabling companies to reduce cost, risk, and complexity in their marine supply chain — announced rec...

Spain to invest 6.9 bln euros in renewables, green hydrogen, energy storage

 www.reuters.com
Spain will allocate 6.9 billion euros ($7.8 billion) to renewables, green hydrogen and energy storage in the next two years and aims to a...
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December

14

Decarbon Daily - US EV Action Plan & $70 Billion from Toyota

FACT SHEET: The Biden-⁠Harris Electric Vehicle Charging Action Plan

 www.whitehouse.gov
President Biden has united automakers and autoworkers to drive American leadership forward on clean cars, and he set an ambitious target ...

Sweep, which measures carbon emissions through companies’ supply chains, raises $22M

 venturebeat.com
Carbon management platform Sweep has raised $22 million in a series A round of funding, as it sets out to enable large companies to lower...

XELS to offer carbon credit backed NFTs on new blockchain platform

 www.prnewswire.com
XELS, a company utilizing blockchain and other breakthrough technologies to promote a greener planet, today revealed its industry-first p...

Study: Carbon Capture is Costly but Feasible for Tankers

 www.maritime-executive.com
Some experts have predicted that carbon capture and storage aboard operating ships would not be practical and best suited to land install...

Deep Dive on EV Data Shows Realities of Medium-Duty Fleet Electrification

 www.truckinginfo.com
Electric vehicles may not perform in the way users first expect, but for fleets they are proving their road-worthy mettle while pointing ...

Toyota commits $70 billion to electrification but hesitant about battery-powered future

 www.reuters.com
Toyota Motor Corp (7203.T) on Tuesday committed 8 trillion yen ($70 billion) to electrify its automobiles by 2030, half of it to develop ...
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December

13

Decarbon Daily - Hydrogen + Startup Showcase

MaxMine Carbon seeks to cut emissions at open-pit mining operations

 im-mining.com
MaxMine has announced the official launch of ‘MaxMine Carbon’, a technology offering that, it says, will enable mining operators to reduc...

Svante Partners With Kiewit to Develop Industrial-scale Carbon Capture Projects in North America

 www.businesswire.com
Svante and Kiewit Energy Group Inc. have entered into a Memorandum of Understanding (MoU) to establish a strategic alliance to pursue ind...

The Halcyon Power green hydrogen plant is powered by geothermal energy from the nearby Mokai geothermal power plant

 www.thinkgeoenergy.com
The first green hydrogen plant in New Zealand has officially started production. The 1.5 MW green hydrogen plant, located in Taupo, was e...

Hydrogen to smell like natural gas for the first time

 www.worldpipelines.com
A pioneering energy project to gather vital evidence about the suitability of the gas network to transport hydrogen will see the clean bu...
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December

10

Decarbon Daily - $10B Reasons for Wind Energy

US Shale Gas Could Become ‘Biggest Green Initiative on Planet,’ EQT CEO Says

 www.hartenergy.com
U.S. LNG holds significant potential to put the country on track to achieve its sustainability goals, according to Toby Rice, CEO of EQT ...

OneTrust Acquires Climate Action and Carbon Management Platform Planetly

 www.prnewswire.com
OneTrust, the category-defining enterprise platform to operationalize trust, today announced it acquired Planetly, the technology company...

Intercontinental Exchange (ICE) Acquires risQ and Level 11 Analytics

 www.streetinsider.com
Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced the...

Battery Ventures Acquires Analytical-Instrumentation Pioneer LI-COR Biosciences

 www.businesswire.com
Battery Ventures, a global, technology focused investment firm, has acquired LI-COR Biosciences, an industry-leading company that makes h...

ExxonMobil Acquires Materia, Inc., a High-Performance Structural Polymers Company

 www.businesswire.com
ExxonMobil Chemical Company has acquired California-based Materia, Inc., a technology company that has pioneered the development of a Nob...

AES acquires 612MW New York onshore wind portfolio from Carlyle Group

 www.windpowermonthly.com
Global energy company AES Corporation has acquired a 612MW onshore wind portfolio in New York from global investment firm Carlyle. It ...
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December

09

Decarbon Daily - 2022 Events + Startup Programs

Boston Consulting teams up with carbon capture technology company

 www.reuters.com
Boston Consulting Group has teamed up with carbon capture technology company Climeworks to help to develop its business, which focuses on...

OnDeck: Build for Climate

 beondeck.com
Build for Climate is an 8-week build sprint for experts and operators who want to build a Minimum Viable Product (MVP) in climate tech. J...

Carbon Market Continues to Evolve

 www.dtnpf.com
Companies continue looking for ways to refine their carbon programs as more ways to bring farmers into their programs and other companies...

Liquid hydrogen production facility planned in Ardmore

 journalrecord.com
An Australian energy company has purchased land in Ardmore with plans to build a liquid hydrogen production facility there in coming year...
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December

08

Decarbon Daily - Startup showcase, EV Chargers, & Wastefuel

bp takes first major step into electrification in the US by acquiring EV fleet charging provider AMPLY Power

 www.bp.com
bp today took its first major step into electrification in the US with the acquisition of AMPLY Power, an electric vehicle (EV) charging ...

ePropelled Raises $15 Million Series A for Disruptive EV Technology

 www.prnewswire.com
ePropelled, the Massachusetts-based technology company that offers leading-edge electric propulsion systems, today announced the closing ...

This EV startup gets $5 million pre-series A funding, to scale 15-min rapid charging network

 www.livemint.com
Exponent Energy, a technology startup into EV, today announced that it has secured $5 million in a pre-Series A round of funding. The com...

Energy company Wastefuel expects to be as big as BP in 10 years. Here's how it plans to get there.

 www.businessinsider.com
"Chances are that if you bought a couch, appliance, or anything made overseas this past year, it was shipped to the US on a Maersk vessel...
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