article thumbnail

ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture

Green Car Congress

ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins. In Brazil, the company has acquired 2.3

article thumbnail

Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

Green Car Congress

High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010 256
article thumbnail

Purdue study projects that under likely adoption rates, use of biojet fuel alone will not meet aviation emissions reduction targets for 2050; the need to go above 50% blends

Green Car Congress

Uncertainty range of the aviation GHG emissions under the High Oil price scenario (the most optimistic for biojet adoption), given in a box plot depicting the minimum, quartile, and maximum values. With biojet options, under the high oil price scenario (the most optimistic for biojet adoption), the median (i.e.,

Emissions 225
article thumbnail

Researchers Sequence Genome of Sugarcane Ethanol Yeast; Potential for Cellulosic Ethanol

Green Car Congress

Researchers from Duke University Medical Center, the University of North Carolina, and Brazil have sequenced the genome of PE-2, a strain of the yeast Saccharomyces cerevisiae that thrives on turning sugarcane into ethanol. Mieczkowski, of the Department of Genetics at the University of North Carolina, Chapel Hill.

article thumbnail

Univ of Washington team working to make poplar coppice viable cheap, high-volume biofuel feedstock

Green Car Congress

A University of Washington team is trying to make poplar an economically viable biofuel feedstock by testing the production of younger poplar trees that could be harvested more frequently—after only two or three years—instead of the usual 10- to 20-year cycle. Chang Dou/University of Washington. Click to enlarge.

article thumbnail

Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

Use of Hydrous Ethanol in Brazil. The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. In 1975, General Ernesto Geisel, then-president of Brazil, ordered the country’s gasoline supply mixed with 10% ethanol. Donovan, CEO Renergie, Inc.

article thumbnail

Life Cycle Analysis of Evogene Castor Bean-based Biodiesel Shows 90% Emissions Reduction Compared to Petroleum

Green Car Congress

The results are based on Evogene’s objectives for castor bean varieties, aimed at increasing crop yields to 4-5 ton/ha on semi-arid lands—at present focusing on Texas and Brazil—and therefore providing the additional benefit of not competing with food use of arable land. Assaf Oron, Evogene’s EVP Strategy and Business Development.

Brazil 210