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Rhodium Group estimates US GHG emissions rose 1.3% in 2022

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Despite efforts to continue stimulating the US economy in the wake of the pandemic, high inflation put a damper on economic growth, which was exacerbated by a spike in oil prices as a result of Russia’s invasion of Ukraine. Consequently, the US economy grew 1.9% in 2022, down from a 5.7% GDP increase in 2021.

Emissions 273
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NTU Singapore to develop technologies to extract hydrogen from liquid organic hydrogen carriers

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The project builds on previous work by the group of companies, along with researchers from NTU and the NUS. This collaboration comes at a timely moment, on the back of rising oil prices. NTU researchers will work closely with our partners to develop better catalysts, and more efficient reactors for extracting hydrogen.

Singapore 150
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Amyris renewable jet fuel receives regulatory approval in Brazil for blends up to 10%

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Building on the revised ASTM International standard for aviation turbine fuel approved in June, Brazil’s ANP last week removed the last regulatory hurdle for the use of our renewable jet fuel in Brazil. Amyris and its partners are contributing to reductions in greenhouse gas emissions with our renewable fuel.

Brazil 199
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RedRock Biofuels to supply 3M gallons/year of renewable jet fuel to FedEx through 2024

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Red Rock Biofuels LLC will produce approximately three million gallons of low-carbon, renewable jet fuel per year for FedEx Express, a subsidiary of FedEx Corporation. The agreement runs through 2024, with first delivery expected in 2017. Earlier post.). Red Rock’s gas-to-liquids technology partner is Velocys.

Renewable 150
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BCG report finds advanced biofuels, concentrated solar power, and solar photovoltaic tracking to make significant market impact sooner than commonly assumed

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” also sees steady adoption of on-shore wind and electric vehicle technologies, but suggests that off-shore wind and carbon capture and sequestration look likely to fade or decline. Base case economics for EVs in North America are very challenging, absent significant disruption in oil price or battery cost.

Solar 295
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ICCT suggests minor changes to Fed tax policy to cut higher investment risk of 2nd-gen biofuels and advance the industry

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Using publicly available financial data, they applied investment analysis tools (the capital assets pricing model, CAPM) that are generally not applied to this space in order to develop a more rigorous understanding of the investment risk in the industry. RFS and California’s Low Carbon Fuel Standard. —Miller et al.

Tax 262
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EIA Energy Outlook 2013 reference case sees drop in fossil fuel consumption as use of petroleum-based liquid fuels falls; projects 20% higher sales of hybrids and PHEVs than AEO2012

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Biofuels grow at a slower rate due to lower crude oil prices and. The decline reflects increased domestic production of both petroleum and natural gas, increased use of biofuels, and lower demand resulting from the adoption of new vehicle fuel efficiency standards and rising energy prices. slower growth in E85 sales.

Fuel 225