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SAF company DG Fuels closes investments with two Japanese companies

Green Car Congress

billion, 180 million gallon per year SAF facility in Louisiana to occur in early 2024. The Louisiana SAF facility will be the template for multiple other such facilities to be built across North America, Europe and Asia. The relatively modest balance of the maximum $30-million capital raise is expected to fund in the next few months.

Companies 370
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Energy Vault to provide 1.6 GWh of gravity energy storage to support DG Fuels SAF projects

Green Car Congress

gigawatt hours (GWh) of gravity energy storage to support DG Fuels across multiple projects, with the first project slated for 500 megawatt hours (MWh) in Louisiana. DG Fuels expects to complete its Louisiana SAF project by mid-2022. The Louisiana facility is the company’s first major project.

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DOI: latest Gulf of Mexico oil & gas lease sales garner $872M in high bids

Green Car Congress

Secretary of the Interior Sally Jewell announced that the latest oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. million acres on the US Outer Continental Shelf (OCS) offshore Louisiana, Mississippi and Alabama.

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Phillips 66 and Renewable Energy Group plan large-scale renewable diesel facility on West Coast

Green Car Congress

Planned feedstocks include a mix of waste fats, oils and greases, including regionally-sourced vegetable oils, animal fats and used cooking oil. This includes REG Geismar, a 75-million-gallon nameplate capacity plant located in Louisiana that was the first renewable diesel plant built in North America.

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Perspective: US Needs to Transition to Hydrous Ethanol as the Primary Renewable Transportation Fuel

Green Car Congress

The oil price shocks of the 1970s led the Brazilian government to address the strain high prices were placing on its fragile economy. Brazil, the largest and most populous country in South America, was importing 80% of its oil and 40% of its foreign exchange was used to pay for that imported oil.

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Perspective: The UN Approval Process for Carbon Offsets

Green Car Congress

According to the market-analysis firm Point Carbon, if a cap-and-trade system is instituted in the United States, the demand for carbon credits could explode into a $2 to $3 trillion market. One is to operate successfully as a market, with a steady supply of carbon offsets and varying prices to ensure that profits can be made.

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America’s lithium laws fail to keep pace with rapid development – ET Auto

Baua Electric

Across Texas, Louisiana and other mineral-rich states, it’s unclear who owns the millions of metric tons of lithium locked in salty brines underneath U.S. Clean Water Act gives Washington regulatory power over water extraction and reinjection across the country, state officials have autonomy to govern other parts of the process.