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Fortune
Fortune
Diane Brady, Nicholas Gordon

Honeywell CEO's $1.8 billion LNG deal is his fourth acquisition in eight months

(Credit: Betty Laura Zapata—Bloomberg via Getty Images)

Good morning. 

The energy transition is a battle fought through electrons and molecules. We want green electrons, electricity generated by wind, sun, or waves instead of, say, coal. And we want to store energy in green molecules such as ethanol, hydrogen, or ones made from food waste. I recently boarded a Japan Airlines flight that was powered by sustainable aviation fuel (SAF) created from used cooking oil. Fry to fly!

Honeywell CEO and chairman Vimal Kapur thinks a lot about green molecules. His company is a pioneer in the technology that produces SAF. As Kapur recently told me: “You can’t run a plane on electricity.” (Not yet, perhaps, although Germany’s H2FLY conducted the world’s first piloted flight of an electric aircraft powered by liquid hydrogen.) That’s why he has Honeywell focused on creating SAF and carbon-free molecules like green hydrogen as part of the solution in achieving the energy transition.

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