Biofuels leaders call on Biden to keep promise to support renewables program

With the Biden administration considering a possible cut in Renewable Fuel Standard  volumes to bring down gasoline prices, some say he is breaking a campaign promise. Congress created the renewable fuel standard program to reduce greenhouse gas emissions and expand the nation’s renewable fuels sector and become less dependent on foreign oil. The idea of

IFAs have huge role in global net zero transition: Alok Sharma

COP26 president and Conservative MP Alok Sharma has said financial advisers have a huge role to play in helping developing countries transition from fossil fuels to renewable energy. Speaking to advisers at AJ Bell’s Investival 2021 in London today (18 November), Sharma (pictured) said advisers have a part to play in ensuring money set aside

The ‘net zero’ myth

Earlier this month, the world’s leaders got together to small talk about the weather and to big talk about the climate at the 26th edition of the UN’s climate change conference (COP26) in Glasgow. On the sidelines, activists (myself included) campaigned to persuade governments to replace platitudes with attitude, inaction with action. Nevertheless, the hot

“We still want the government in our lives thanks,” say fossil fuel companies

Following the Prime Minister’s claims that it’s time for governments to step back from Australians’ lives, fossil fuel companies across the country say they’d like the government to stay involved with theirs for quite a while longer if that’s ok. A spokesperson for the mining, oil, gas and coal industries quietly pointed out that they

The ethanol opportunity

Ethanol (chemical name: ethyl alcohol), a biofuel, has been a part of the government’s energy agenda for over two decades now. Of its several uses (chemical and pharma products), this organic chemical compound, which is produced from feedstock (sugarcane, sugar, molasses, maize and damaged food grains, etc.), also blends with petrol and power vehicles. The

How Much Sulphur is in Fuel?

Sulphur is a naturally occurring component found in crude oil. When total sulphur content is more than 0.5 per cent oil is classed as “sour.” When total sulphur content is less than 0.5 per cent it’s classed as “sweet.” Unless it’s removed during the refining process, sulphur is also present in gasoline and diesel. As

India major driver of fuel demand: Puri

Inviting global firms to invest in the opportunities in the country’s oil and gas sector, Union minister of petroleum and natural gas Hardeep Singh Puri said on Wednesday that the “real growth story as a critical driver of (fuel) demand will come from India”. Puri was speaking at the inauguration of the oil and gas

Will Oil Ever Become Truly Worthless?

Could fossil fuels and Big Oil actually become ‘worthless’ within the next few decades, and what would this mean for the global economy? New research suggests as many as half of the world’s fossil fuel assets could become worthless by 2036 if the green energy transition goes ahead at the pace projected coming out of

Fuel price gap leaps to highs not seen since the introduction of the global sulphur cap

The price gap between high and low sulphur fuel oil has widened to extremes not seen since around the introduction of the global sulphur cap in January 2020. While the difference in price between the two dominant fuels has averaged around $110 per ton in the first 22 months of the sulphur cap era, in

Geely introduces methanol-powered truck

Geely, a Chinese manufacturer that owns brands such as Volvo and Lotus, among others, presented a concept truck that will be a direct rival to Tesla Semi. However, unlike Elon Musk’s truck, which is basically electric, the so-called “Homtruck” promises to be more versatile as it also uses a range extender and a version with