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The agreement is subject to certain conditions precedent, including Gevo acquiring a production facility to produce the renewable hydrocarbon products contemplated by the agreement and closing a financing transaction for sufficient funds to acquire and retrofit the production facility.
At the current pace of research and development, replacing gasoline and diesel with renewable fuelalternatives could take some 131 years, according to a new University of California, Davis, study using a new sustainability forecasting approach based on market expectations. The forecast was published online 8 Nov.
A full lifecycle analysis of Bio-SNG production undertaken by North Energy Associates found that for many types of feedstock, the lifecycle CO 2 e savings of Bio-SNG compared with fossil fuelalternatives are typically ~90%. Cost of carbon abated for transport applications. Click to enlarge. Cost of carbon abated.
Canada, Mexico and the United States should consider putting a price on carbon to give everyone a clear signal that they should be investing in efficiency and in low-carbon fuelalternatives. Investments to Improve the Efficiency of the Freight Transportation System.
However, America’s clean energy transition has been characterized by siloed thinking and inflexibility despite significant advances in low-carbon fuelalternatives. Congress has moved swiftly to pass this legislation–and rightfully so. Congress has moved swiftly to pass this legislation–and rightfully so. More Work To Do.
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