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Part of Elon Musk’s $15B tax bill will likely end up helping the fossil fuel industry

Teslarati

Elon Musk may be paying an estimated $15 billion in taxes this year due to his massive sale of part of his TSLA holdings, but his contributions to the US government may end up supporting the fossil fuel industry. The remaining 20% is allocated for coal. Conservative estimates put U.S. Don’t hesitate to contact us with news tips.

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Linc Energy acquires more UCG coal exploration acreage in Alaska

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Linc Energy Ltd has acquired the grant of 181,414 acres of Underground Coal Gasification (UCG) coal exploration licences in Alaska from the Alaska Mental Health Trust Authority following a competitive bidding process. —Peter Bond, CEO. —Peter Bond, CEO. Earlier post.).

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Dynamic Fuels receives EPA Part 79 registration for renewable gasoline blendstock

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The US Environmental Protection Agency (EPA) has granted Dynamic Fuels, LLC Part 79 registration for its Renewable Gasoline Blendstock 10 by the U.S. This is the third time Dynamic Fuels has successfully applied for and received EPA Part 79 Registration for drop-in renewable fuels. Environmental Protection Agency (EPA).

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Transcanada restarts Keystone oil sands pipeline operations

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TransCanada Corporation said that its 590,000 barrel-per-day (bpd) capacity Keystone Pipeline system resumed transporting oil sands crude on Sunday, 5 June, after a shutdown 29 May following an above-ground spill at a pump station in Kansas involving less than 10 barrels of oil. Click to enlarge. However, if the tar.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Change in primary oil demand by sector and region in the central New Policies Scenario, 2010-2035. Under the WEO 2011 central scenario, oil demand rises from 87 million barrels per day (mb/d) in 2010 to 99 mb/d in 2035, with all the net growth coming from the transport sector in emerging economies. Click to enlarge. billion in 2035.

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Licella signs MoUs with Virgin Australia and Air New Zealand on renewable aviation fuels

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Licella has developed a process using a continuous flow catalytic hydro-thermal reactor (Cat-HTR) with supercritical water which converts woody materials and other biomass into a high quality bio-crude oil. million grant from the Australian Government’s Second Generation Biofuels Research and Development (Gen 2) Program.

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Velocys Awarded Commercialization Grant for Microchannel Reactor Technology for Hydroprocessing to Upgrade Fischer-Tropsch Fuels and Heavy Petroleum Feedstock

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year commercialization grant to apply Velocys’ microchannel reactor technology to hydroprocessing for transportation fuels. Additional hydroprocessing application opportunities include the processing of edible oils, specialty and fine chemicals, and conversion of natural oils and fats to transportation fuels. Earlier post.).

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