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“We have different views on oil and we will continue to challenge Røkke when we disagree with him, but through this project we will come together to make a big difference in the environmental fight.”
In fact, such initiatives are essential to overcoming the threats facing marine life—from ocean acidification and pollution to overfishing and temperature changes. According to a 2015 report in the journal Science, 275 million tons of plastic waste were generated in 192 coastal countries in 2010, with 4.8 to 12.7 million tons reaching the ocean.
A 2016 report by the World Economic Forum (WEF) predicts that, with this trend, the oceans will contain more plastic than fish (by weight) by 2050. Furthermore, 95% of the value of plastic packaging materials, worth $80 billion to $120 billion annually, is lost from the economy after its first use.
The yacht will also break several records once completed in 2020. At 182 meters long, the REV will be the largest yacht in the world. Naturally, it will also be the heaviest, at 16,000 GT.