Oil Prices, Renewable, Tax Credit and Waste

ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

Green Car Congress

JANUARY 19, 2022

The International Council on Clean Transportation (ICCT) has released a report prepared by the consultancy Cerulogy that explores the potential market and environmental impacts of increased capacity for renewable diesel produced by hydrotreating oils and fats in the US. —from the report, “Animal, vegetable or mineral (oil)?”.

Renewable

Renewable Diesel Production Oil

Sandia Labs/GM Biofuels Systems Study Concludes Large-Scale Production of Advanced Biofuels is Achievable and Sustainable

Green Car Congress

FEBRUARY 10, 2009

Cellulosic biofuels can compete with oil at $90/bbl without subsidy assuming: average conversion yield of 91 gallons per dry ton of biomass; average conversion plant capital expenditure of $3.60 Sensitivity analyses varying these assumptions individually gave potential cost-competitiveness with oil priced at $70/bbl to $120/bbl.

GM Production Conversion Oil Prices

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

Green Car Congress

APRIL 6, 2015

Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2 A key feature of the 2014 result was the rapid expansion of renewables into new markets in developing countries. billion.

2014

2014 Renewable 2013 Wind

EV Driven

ICCT report finds expected surge in renewable diesel production could have damaging environmental impacts due to feedstock demand

Sandia Labs/GM Biofuels Systems Study Concludes Large-Scale Production of Advanced Biofuels is Achievable and Sustainable

Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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