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Prometheus CEO outlines tech advances that could make CO2-to-fuels renewable gasoline and jet price-competitive with fossil fuels

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In a commentary in the journal Joule , Rob McGinnis, founder and and CEO of Prometheus , a company that is developing technology to remove carbon dioxide from the air and turn it into fuels, discusses the technology advances that could lead to the potential price-competitiveness of renewable gasoline and jet with fossil fuels.

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BMW i Ventures invests in Prometheus Fuels; CO2 air-capture and conversion to carbon-neutral gasoline

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BMW i Ventures has invested in Prometheus Fuels ( earlier post ), a company removing CO 2 from the air and turning it into zero-net carbon gasoline that it will sell at gas stations, at a price that competes with fossil fuels, starting as early as this year. The effective upgrading of alcohols to gasoline, diesel, and jet fuels.

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France launches new climate plan; Euro 7 lead; targeting ending the sale of vehicles emitting GHGs by 2040

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Nicolas Hulot, France’s new minister responsible for environment and energy, presented the country’s new climate plan at a press conference at the Ministry. The plan at this current level of detail does not specify whether or not that is tailpipe emissions or full lifecycle emissions, factoring in upstream for electric vehicles.)

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SoCalGas reduces CNG price by $0.26 per gallon at its fueling stations by using LCFS credits

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SoCalGas) will lower the price of compressed natural gas at all of its 13 public access natural gas vehicle fueling stations by $0.26 Natural gas costs significantly less than gasoline or diesel per GGE. For example, the average pump price at utility compressed natural gas stations was $2.37 Southern California Gas Co.

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Lexus prices new three-row RX 450hL hybrid starting at $50,620

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Lexus is pricing the new 2018 RX 450hL three-row hybrid SUV—announced at the Los Angeles Auto Show in November 2017—with a starting Manufacturer’s Suggested Retail Price (MSRP) of $50,620—$1,550 more than its gasoline-engined RX 350L AWD three-rowed sibling.

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President Biden calls on Congress, States for fuel tax holiday; increase in refinery capacity

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President Biden called on Congress to suspend the federal gas tax for the next 90 days, through the busy summer driving season—18 cents per gallon for gasoline and 24 cents per gallon for diesel. The average price of US on-highway diesel was $5.718 per gallon, up $2.432 from a year ago.

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Audi introduces new CNG A3 Sportback

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Operation with natural gas or biomethane makes the compact model economical and more climate-friendly with low emissions. Sales in Germany and other European countries begin in fall 2020 at a base price of €30,705.88. The four-cylinder always starts in CNG mode, only injecting slight amounts of gasoline under rare operating conditions.

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