Purdue analysis finds H2Bioil biofuel could be cost-competitive when crude is between $99–$116/barrel
Green Car Congress
JUNE 5, 2012
Three different carbon tax scenarios are analyzed: no carbon tax, $55/metric ton carbon tax and $110/metric ton carbon tax. The impact of the chosen carbon tax is found to be limited relative to the impact of the H2 source on the H 2 Bioil break-even price. Stone Distinguished Professor of Chemical Engineering.
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