article thumbnail

Delek sells AltAir renewable diesel/jet business to World Energy for $72M

Green Car Congress

million, taking into consideration estimated working capital, Delek US’ portion of the biodiesel tax credit for 2017, and deal costs. Established in 2013, AltAir Fuels was created to produce low carbon fuels and chemicals derived from sustainable feedstock. Earlier post.). Delek US Holdings, Inc.

Renewable 150
article thumbnail

Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

Ford said in its letter that the goal is primarily focused on alleviating additional carbon emissions. “The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.”

Ford 98