In Washington, as part of President Biden’s Investing in America agenda, a key pillar of Bidenomics, the U.S. Department of Energy (DOE) announced $7 billion to launch seven Regional Clean Hydrogen Hubs (H2Hubs) across the nation and accelerate the commercial-scale deployment of low-cost, clean hydrogen—a valuable energy product that can be produced with zero or […]
In Washington, Engine Technology Forum has released the white paper Benefits of Renewable Bio-Based Diesel Fuels developed by Transport Energy Strategies, a leading consultancy on global transport energy issues. Renewable biobased fuels, such as biodiesel and renewable diesel, are a proven and available strategy for immediately reducing greenhouse gas and other emissions. This is true […]
In Texas, Vertex Energy, Inc. has formally named BofA Securities, Inc. as Vertex’s strategic financial advisor to assist with the company’s renewable fuels and sustainable products growth strategy. During this engagement, the company expects to review various potential strategic transaction opportunities aimed at strengthening the balance sheet to support growth acceleration and asset development in […]
In the Netherlands, 123Carbon has completed an insetting pilot with Chevron by tokenizing the emissions reductions associated with bunkering of biofuel for Chevron-owned vessel in Singapore. This successful pilot allows for further introduction of carbon insetting capabilities to other third-party customers. 123Carbon provides the blockchain-based platform to create the inset and enables customers to create […]
In the UK, scientists used biofuel-powered weather radar for the first time this summer, to observe stormy conditions in a more environmentally sustainable way. A team of researchers led by the National Centre for Atmospheric Science (NCAS) have just completed a summertime observation campaign – known as *WOEST – focused on tracking turbulent processes in […]
In California, Contra Costa County Superior Court last week ordered Phillips 66 to halt its plan to operate a biofuel refinery in Rodeo, California. The court put the Bay Area megaproject on hold until the county fully complies with environmental review requirements that it violated when first approving the project. Communities for a Better Environment […]
In Germany, Aker Carbon Capture has been awarded a feasibility study to implement carbon capture at a biomass combined heat and power (CHP) facility. The planned capture capacity will be 250,000 metric tons CO2 per year. For this project, Aker Carbon Capture aims to deliver its standardized Just Catch modular product. The study will assess […]
In Portugal, Reuters reports the country is looking to set up the first auction in Europe for injection of green hydrogen and biomethane to the grid and is awaiting approval to use state aid for the project from the European Commission. The auction could take place in the next few weeks, pending Brussels’ green light, […]
In the UK, Green Biofuels Ltd. (UK) entered Administration on October 2 and Lucy Winterborne, Kristopher Stewart Aspin and Alan Michael Hudson of Ernst & Young LLP were appointed as Joint Administrators. The appointment was made by the Qualifying Floating Charge Holder under the provisions of Paragraph 14 of Schedule B1 to the Insolvency Act […]
In Minnesota, the Star Tribune newspaper reports that Navigator CO2 Ventures has put its pipeline project on pause across all states while Summit Carbon Solutions is moving forward with its plans despite setbacks along parts of its planned carbon dioxide pipeline route. Navigator has withdrawn its application in Illinois in addition to pausing the permitting […]
