Germany’s greenhouse gas reduction quota for transport fuels has increased as planned as of 1 January 2022. Mineral oil companies must now reduce the emissions of their fuels by 7 percent compared to 2010 (2021: 6%). They most commonly use – and due to easy availability will likely continue to use – biodiesel, bioethanol and
The global push to achieve net zero carbon emissions will likely result in a meaningful boost to inflation, according to analysts at Goldman Sachs Group Inc. Based on the assumption that carbon taxes would rise to $100 a ton by 2030, the analysts led by Jan Hatzius calculated the likely rise in prices in
Technology has contributed towards the country’s economic development, but now it’s important to leverage tech solutions to make the future green, sustainable and habitable. Strategic measures for mitigating climate change, shared mobility, and better usage of water and electricity can help make this a reality. Organisations are chalking out newer technologies and innovative approaches to
IPICOL and GAIL (India) Limited signed a Memorandum of Understanding (MoU) for cooperation in the areas of Green Hydrogen, Green Ammonia and Renewable Energy (Solar / Wind) for the production of eco-friendly fuels in Odisha. Scope of the MoU inter-alia incorporates preparing a feasibility study for setting up proposed plants. MoU also emphasizes promoting the
The Port of Hanstholm said it has taken the first step towards becoming Europe’s first CO2-neutral fishing port through a declaration of intent with Danish renewable energy developer European Energy. In addition to solar and wind energy plants, the company also wants to establish a Power-to-X plant for the production of e-methanol and hydrogen at
The US became the world’s No. 1 exporter of liquefied natural gas for the first time ever last month, as deliveries surged to energy-starved Europe. Output from American facilities edged above Qatar in December after a jump in exports from the Sabine Pass and Freeport facilities, according to ship-tracking data compiled by Bloomberg. Cheniere Energy
Six years ago, world leaders from over 190 nations around the globe gathered in Paris to try and prevent the most catastrophic consequences of climate change. Their aim was simple: to agree to take concerted measures to limit global warming to a ceiling of 1.5°C compared to temperatures prior to the Industrial Revolution. It would
After a couple of years of more downs than ups, there’s optimistic news on the ethanol front looking toward 2022 and beyond. Geoff Cooper, Renewable Fuels Association president and CEO, sees opportunities for the industry in a net-zero carbon emissions future, as well as the Environmental Protection Agency’s proposal to return the Renewable Fuels Standard
All TriMet buses running on routes throughout the tri-county Portland metro area located in Oregon, USA, are powered by a much cleaner-burning fuel – renewable diesel. TriMet is using a blend of 99 per cent renewable diesel and 1 per cent petroleum. The change in fuels will reduce the carbon dioxide equivalent emissions coming from
In a coal heartland of Germany stands a monument to the source of its economic might: a giant mine more than a half-mile deep that once produced the largest amount of coal in the world. Built at the beginning of the Industrial Revolution, the Zollverein mine cemented Germany’s place as a coal behemoth. And its