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Casterra to sell castor seeds for cultivation to leading oil and gas company; $9.1M initial purchase

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Initial purchase orders, valued at an aggregate of $9.1 Based on Casterra’s analysis, the purchase orders reported can support the production of approximately 1.5% Casterra Ag Ltd. , an integrated castor cultivation solution company and a subsidiary of Evogene Ltd. of the current world demand for non-fossil oil for biodiesel.

Oil 276
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California ARB releases proposed Innovative Clean Transit (ICT) regulation; 100% ZEB purchasing by 2029

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ZEB purchase requirements. A large transit agency would phase in ZEB purchasing starting in 2023 at 25% of annual new buses purchased. Purchase requirements otherwise effective in calendar year 2023 would be waived if California transit agencies collectively purchase 1,000 or more ZEBs by 31 December 2020.

Purchase 276
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Analysis finds annual running cost of EVs less than ICE; but with purchase price factored in, it flips

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However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. When the purchase cost of each type of vehicle is factored in, average gasoline vehicles are $1,454 per year cheaper to run.

Purchase 321
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DOE awarding $6M to 11 projects to accelerate alternative fuel vehicle market growth

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The US Department of Energy (DOE) is awarding $6 million to 11 projects aimed at improving potential buyers’ experiences with alternative fuel and plug-in electric vehicles, supporting training, and integrating alternative fuels into emergency planning. AWARD TABLE. Description. Federal amount. Penske Truck Leasing.

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RAND study concludes use of alternative fuels by US military would convey no direct military benefit; recommends energy efficiency instead

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Any benefits from investment in alternative fuels by the US Department of Defense will accrue to the nation as a whole rather than to mission-specific needs of the military, the researchers concluded. From the perspective of technical viability, a number of alternative fuels can meet this requirement.

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UPS/Greenbiz study identifies motivators and barriers to electric fleets

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In addition to the fuel savings, electric vehicles typically require less maintenance than traditional internal combustion engine vehicles, which means lower maintenance costs. Fifty-five percent of respondents cited the initial purchase price of electric commercial vehicles as the top barrier.

Fleet 236
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Study finds behavior-influencing policies remain critical for mass market success of low-carbon vehicles

Green Car Congress

Policies to entice consumers away from fossil-fuel powered vehicles and normalize low carbon, alternative-fuel alternatives, such as electric vehicles, are vital if the world is to significantly reduce transport sector carbon pure-emissions, according to a new study. Share of EDVs in 2050.

Carbon 231