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Study finds future-fuel demand for shipping industry equal to entire current global production of renewables

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Huge and immediate need for renewable-based fuels in shipping represents opportunity for investors, according to ‘Fuelling the Fourth Propulsion Revolution’ report released today. Particular opportunity for the Global South identified as net-zero fuel production costs expected to be up to 20% lower in Latin America and Africa.

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IRENA report says tripling renewables investment required to reach 2050 climate goal

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Global renewable energy investment increased between 2013 and 2018, reaching its peak at US$351 billion in 2017, according to a new report by the International Renewable Energy Agency (IRENA) and Climate Policy Initiative (CPI). Renewable energy investment slightly declined in 2018, with modest growth through 2019.

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Diamond Green Diesel to more than double renewable fuel capacity using second Honeywell Ecofining unit; 675M barrels renewable diesel per year

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will more than double its annual production of renewable diesel with the completion of a second Honeywell Ecofining process unit with a capacity of 30,000 barrels per day (bpd). The Diamond Green Diesel facility converts inedible oils and other waste fats into a high-quality renewable diesel fuel. and Darling Ingredients Inc.,

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Neste: use of our renewable fuels reduced global climate emissions by 8.3 million tons in 2017

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Replacing fossil fuels with Neste’s renewable fuels reduced global climate emissions altogether by a 8.3 billion kilograms—in 2017, according to calculations made by the company. The amount of greenhouse gas emissions saved with Neste’s renewable fuels—primarily Neste MY Renewable Diesel—increased by 1.6

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GM secures all energy needed to achieve renewable energy goal for 2025; 25 years ahead of target set in 2016

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Sourcing renewable energy is a critical component of GM’s plans to decarbonize. The company’s renewable energy strategy is rooted in four pillars: Increasing Energy Efficiency: GM’s energy goals begin with reducing energy consumption by improving energy efficiency. GM supports policies that enable a carbon-free, resilient power system.

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Global Bioenergies successfully moves its C3 process to demo scale; isopropanol and acetone from renewable resources

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Global Bioenergies has reached a new milestone in scaling up its C3 process converting renewable resources into isopropanol and acetone. A first pilot run was successfully conducted in December 2017. The C3 process is now the second pillar upon which value is being created at Global Bioenergies, after the Isobutene process.

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California trucking firm switches fleet of 600+ trucks to Neste renewable diesel

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Ecology, a transportation and logistics company in California, has switched its fleet of more than 600 trucks to run on Neste MY Renewable Diesel and is reporting cleaner fuel filters, fewer maintenance problems and reductions in tailpipe emissions. Neste MY Renewable Diesel reduced climate emissions by 8.3

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