Remove 2005 Remove Conversion Remove Convert Remove Oil Prices
article thumbnail

EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Green Car Congress

Following enactment of provisions of the Energy Policy Act of 2005 that were interpreted as reducing or eliminating legal defenses available to MTBE blenders, its use was soon phased out in the United States. MTG units involve high capital costs and are only cost-competitive when oil prices are high.

2000 150
article thumbnail

The Real Reason for USA based Economic Recessions.

DIY Electric Car

There have been 5 recession since then until now and I wanted to see if Oil had anything to do with them, because deep in my heart, I knew the most recent recession was directly caused by the oil price spikes that started in 2007 and peaked in 2008. This increase in oil prices again pushed the economy into a recession.

USA 180
article thumbnail

National Research Council report finds it unlikely the US will meet cellulosic biofuel mandates absent major innovation or a change in policies

Green Car Congress

In 2005, Congress enacted the Renewable Fuel Standard as part of the Energy Policy Act (EPAct) and amended it in the 2007 Energy Independence and Security Act (EISA). Currently, no commercially viable biorefineries exist for converting cellulosic biomass to fuel.

Renewable 252
article thumbnail

Interview with Chris Paine in the Whole Life Times

Revenge of the Electric Car

January 2009 | Conversations The Electric Car Returns (and This Time It’s Personal). A: I’m much more hopeful today than I was in 2005, simply because the car companies have painted themselves into a corner. Q: When gas prices went up, people started driving less, and interest in EVs soared. Is this discouraging?

EV1 100
article thumbnail

National Low Carbon Fuel Standard study releases major Technical Analysis and Policy Design reports; providing a scientific basis for policy decisions

Green Car Congress

Very broadly, they found that an LCFS would buffer the economy against global oil price spikes, trim demand for petroleum, and lessen upward pressure on gas prices. gCO 2 e/MJ for diesel over the period 2005–2035. Set a target of reducing the carbon intensity (CI) of gasoline and diesel by 10 to 15 percent by 2030.

Carbon 247