The Biodiesel Blender Tax Credit is set to expire at the end of 2024, at which point it will be replaced by the Clean Fuel Production Credit. The Clean Fuel Production credit (somewhat obviously) accrues credit to producers of clean transportation fuels produced at approved facilities for approved uses and does NOT carry through to blenders of clean transportation fuels like biodiesel and renewable diesel.
ESG & Industry Updates
Topics: Biodiesel Tax Credit, Biodiesel, Carbon Emissions, renewable energy, Clean Fuel Production Credit
AI is revolutionizing both fleet management and office operations by making them more automated and efficient. These days, most of us are familiar with the cutting-edge safety features in new cars. Advanced driver assistance systems leverage AI algorithms to detect potential dangers, provide real-time alerts to drivers, and even take corrective actions to prevent accidents. This technology significantly enhances the safety of both drivers and passengers by reducing the risk of accidents caused by human error.
Topics: Safety, Safe Driving Policy, Oil & Energy Magazine, AI
MA Bill seeks to ban Competitive Electric Suppliers
Posted by Kelly Burke on Jun 26, 2024 1:52:41 PM
“Competitive Electric Suppliers” will be banned in Massachusetts if the House passes the Climate Bill that the State Senate passed June 25th 2024....But what does that even mean?
Topics: Massachusetts, Climate Change, electricity rates
Two new nuclear reactors in Georgia at Plant Vogtle are the first new reactors built in the United States in 30 years. Each of them will power 500,000 homes and businesses with clean nuclear energy.
Topics: Oil & Energy Magazine, Carbon Emissions, renewable energy, net-zero, power plants, nuclear
Solid State Batteries could be a game-changer for EVs and their adoption, because the potential with solid state batteries is fast charge time and long distance range. The most pressing hurdles for drivers considering electric vehicles is the limited range per charge, and the time required for charging.
Topics: EV Charger, tesla, ev, solid state battery
Infrastructure Bill EV Charging Stations Slow to Start
Posted by Kelly Burke on Apr 18, 2024 7:45:00 AM
Topics: EV Charger, Energy Infrastructure, tesla
IMO Part Deux: International Maritime Emissions in Focus in Brussels
Posted by Kelly Burke on Mar 18, 2024 11:44:47 AM
The International Maritime Organization (IMO) is meeting in Brussels this month, and one of the main topics of discussion is a proposed charge on the international shipping sector’s greenhouse gas emissions. Backers of the proposed carbon levy include the European Union, Japan, Canada, and multiple Pacific Island nations who are low lying and especially vulnerable to climate impacts.
Topics: Carbon Emissions, IMO 2020, decarbonization
January 2024 saw the first operational turbine on the Vineyard Wind project deliver 5 megawatts of power to the New England electrical grid. The project began in 2022 and upon completion is projected to generate 800 megawatts of electricity, reducing carbon emissions by 1.6 million tons per year.
Topics: renewable energy, offshore wind, vineyard wind
The UN’s Climate Change Conference, or “COP28” Summit was held from November 30 through December 13th in Dubai, UAE. The Conference consisted of 150 heads of State and Government and 85,000 participants representing countries, organizations, etc. This year’s summit focused on where the world is in relation to the goals initially outlined in the Paris Agreement (forget what that is? Refresher here: LINK). Spoiler alert – the world is nowhere near achieving the goals outlined, and the focus became how the countries involved can speed up their action on climate change mitigation through multiple avenues.
Topics: methane, Climate Change, Carbon Emissions, renewable energy, paris accord
As we have been discussing, the US National Blueprint for Transportation Decarbonization breaks the Transportation sector into seven categories, each of which has its own targets for emission reduction/elimination, and strategies for how those declines in emissions will be achieved. The next category addressed in the Blueprint is pipelines.
Topics: methane, Carbon Emissions, Biden Administration, decarbonization, pipeline
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