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Future Fuel Strategies: 40+ countries developing light-duty vehicle fuel economy standards

Green Car Congress

Fuels market analyst Tammy Klein notes that more than 40 countries are developing light-duty vehicle fuel economy standards. Ten years ago, only four governments 10 years ago had introduced mandatory GHG emission and/or fuel economy standards: China, Japan, South Korea, and the United States.

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Biosynthetic motor oil receives highest industry performance certification; demonstrates improved fuel economy

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Biosynthetic Technologies has received ILSAC GF-5 certification on both SAE 5W-20 and 5W-30 grade passenger car motor oil (PCMO) formulations using its Biosynthetic Base Oil. A key component of the ILSAC GF-5 designation is demonstrated fuel economy improvement.

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IHS Markit: global oil demand still growing in the short term despite increasing focus on EVs

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Short-term oil demand is still growing strong and will continue to do so through the end of 2020 despite the market’s increasing focus on electric vehicles and the forecasted future plateau in oil demand, according to new analysis from IHS Markit, a global business information provider. Source: IHS Markit 2018.

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IEA: record oil output from US, Brazil, Canada and Norway to keep global markets well supplied

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Oil production growth from the United States, Brazil, Canada and Norway can keep the world well supplied, more than meeting global oil demand growth through 2020, but more investment will be needed to boost output after that, according to the International Energy Agency’s latest annual report on oil markets. mb/d in 2017.

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GFEI: vehicle fuel economy is below global targets, jeopardizing action on climate and energy; failure of policy

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Worldwide, the vehicle fleet is not making enough progress on fuel economy and is failing to reach global targets aimed at reducing CO 2 emissions, cutting oil consumption and improving energy efficiency according to a new report from the Global Fuel Economy Initiative (GFEI) ( earlier post ) released at the Paris COP21 Climate Summit.

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Global Fuel Economy Initiative launches second 3-year campaign; ICCT joins partnership

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The Global Fuel Economy Initiative ( GFEI ) ( earlier post ) launched its second three-year effort to improve vehicle fuel economy around the world at the International Transport Forum in Leipzig. —“Global Fuel Economy Initiative Plan of Action 2012-2015. Earlier post.). Policy support.

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Fuel economy measures could cut Commonwealth countries’ cumulative oil bill by US$3.2T through 2050

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Commonwealth countries can cut their cumulative oil bill by £2 trillion (US$3.2 The number of road vehicles, and road fuel use, in Commonwealth countries could double by 2030 and increase four-fold by 2050. The most important price signal that will spur consumers to save fuel is a tax on that fuel; Set fuel economy standards.