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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)?”.
High oilprices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.
Estimated US supply of PEVs from 2011-2015. The strategy includes: Make electric vehicles more affordable with a rebate up to $7,500: The President is proposing to transform the existing $7,500 taxcredit for electric vehicles into a rebate that will be available to all consumers immediately at the point of sale. Earlier post.).
Increased cultivation of corn for ethanol, its conversion into biofuels, and the storage and use of these fuels could affect water supply, water quality, air quality, soil quality, and biodiversity, the report found. Federal taxcredits, the RFS, and the ethanol tariff have primarily supported conventional corn starch ethanol.
AEO2015 presents updated projections for US energy markets through 2040 based on six cases (Reference, Low and High Economic Growth, Low and High OilPrice, and High Oil and Gas Resource) that reflect updated scenarios for future crude oilprices. trillion cubic feet (Tcf) in the Low OilPrice case to 13.1
Since previous studies have addressed the biomass supply potential, but not the supply chain rollout needed to achieve large biofuels production targets, the focus of this study was to develop a comprehensive systems understanding of the evolution of the complete biofuels supply chain and key interdependencies over time.
As of 2010, biofuel production was contingent on subsidies, taxcredits, the import tariff, loan guarantees, RFS2, and similar policies. If competition for bioenergy feedstocks intensifies because of low supply, the price will likely increase.
Industrial shipments of bulk chemicals, which benefit from an increased supply of natural gas liquids, grow by 3.4% Projected low prices for natural gas make it a very attractive fuel for new generating capacity. In some areas, natural gas-fired generation replaces power formerly supplied by coal and nuclear plants.
Shale gas offsets declines in other US supply to meet. The Annual Energy Outlook 2011 (AEO2011) Reference case released yesterday by the US Energy Information Administration (EIA) more than doubles the technically recoverable US shale gas resources assumed in AEO2010 and added new shale oil resources. Source: EIA. Click to enlarge.
While US automakers are working on PEVs, the US electric vehicle industry lags behind other regions—particularly Asia—in the areas of battery manufacturing, supply chain development, and raw materials production. PEV offerings have also been announced throughout Europe and Asia. Policy Instruments.
Analysts say rising oilprices benefited the company’s petrochemical business, helping to offset losses from its battery unit SK On, which has been facing weaker electric vehicle (EV) battery demand. billion won in the previous quarter due to fewer EV battery shipments. .
TaxCredits Instead, Obama backed taxcredits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Automakers must plan for an eventual tightening of globaloil supplies and pressure to cut greenhouse gases, Fukui said. Oilprices are going to go up.
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