The Hidden Costs of Shipping

shipping.jpgJoel Makower’s latest post on Grist brings up some great things to be aware of regarding the environmental costs of shipping.
As with most fossil fuel dependant businesses I don’t think we’re going to see a great deal of change until the price of oil instigates it, but that’s not stopping a lot of interesting companies from starting to think about new innovation. My personal favorite is skysails, a concept to attach giant sails to stadard vessels, thus increasing fuel economy by significant amounts. Other, simpler efforts are under way to streamline tractor-trailers on the interstates (a friend of mine is working on this problem) and some people are even trying to re-introduce hydrogen airships.
The best part of all these things is that they reduce costs for existing businesses while at the same time creating a myriad of new business opportunities for entrpreneurs of all sizes. My advice is to start thinking about fuel cost reduction technology and you’ll have a winner of an idea.

Nick Aster is a new media architect and the founder of TriplePundit.com

TriplePundit.com has since grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.

Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He was instrumental in the creation of TreeHugger.com, managing the technical side of the publication for 3 years as well as an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.

Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.