The retired champion now invests in technology for the emerging low-carbon economy.
It is “impossible” for F1 to decarbonise without the development of alternative fuels, former driver Nico Rosberg has said.
A recent report found that F1 produced around 256,000 tonnes of CO2 in 2019 – whereas the average UK car produces nearly 1.7 tonnes annually – though only 0.7% of this comes from the racing vehicles themselves. “F1 has a very ambitious target for 2030. What they need to do is make their races carbon neutral, so the way the fans arrive, all the logistics around that, the headquarters of the racing teams, the racing itself.
Most recently he has been sponsoring graduates at Oxford University to support student research into removing carbon from the atmosphere, cleaning plastic from the oceans and developing alternative fuels for ships and planes.He said he will also be supporting F1 with its decarbonisation aims but that his plans are too premature to go into any detail.
Varun Shankar, a DPhil engineering student and part of the one-year partnership between the Rosberg Climate Fellows Programme and Oxford University’s Sustainable Development Goals Impact Lab, said he wants to use his skills to help his home country of Zambia develop without relying on fossil fuels. “I think the Global North has already successfully developed on that front, but we need to do it in a way that’s also decarbonised.”
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