Despite over 98% of all gasoline sold in the United States containing ethanol, over 80% of consumers do not know how much ethanol is present in their gasoline, or what the additional ethanol gasoline means. In this brief overview, we will uncover who can use it, where to find it, and what are some of the benefits of a higher ethanol content. Read More
Climate change is not only a hot topic in the U.S., but also a growing concern of major corporations all over the world. Many large corporations are beginning to sink massive amounts of capital into programs and companies to eliminate fossil fuels and ride a wave of clean energy and renewables into the future. Even the largest natural gas producing company in the U.S., EQT, has bought into the clean energy philosophy. Other corporate giants such as Amazon, GE, NextEra, Uber, IBM and lastly, to no surprise, the government.
The International Maritime Organization rule, IMO 2020 established strict regulations on marine vessel sulfur emissions, there are really two common ways to comply with regulation. Either limit the sulfur content in the fuel being used or add scrubbing units to the exhaust system to capture the excess sulfur oxide being expelled from the vessel’s exhaust.
For vessels not using scrubbing units on the exhaust systems, they must utilize a fuel 500ppm (parts per million) sulfur content or less, which is a considerable jump from the old “bunker fuel” previously used, which could contain up to 2000ppm sulfur.
Canada has an emphasis on minimizing their carbon footprint. Recently they committed to $20 million for the construction and distribution of small modular nuclear power plants. These single, small, modular power plants would be able to produce up to 300MWe (megawatt of electric capacity). For reference, that would be enough to power 150K to 200K homes. The benefit of these units would certainly be the transportation flexibility for more isolated communities with minimal waste.
A renewed push to reduce the world’s carbon emissions has sparked excitement in many technologies and stocks, with no exception to carbon capture.
Wind Turbines are one of the cleanest energy production methods in existence today, but how do they work and what happens to the units when they are retired from use?
Andrew Wheeler, the Administrator of the Environmental Protection Agency re-introduced the Cleaner Trucks Initiative (CTI) at a livestock exchange in Marshall, Virginia earlier this week. The policy aims to reduce oxides of nitrogen, NOx, and other pollutants for highway heavy-duty engines by establishing more rigorous emission standards. Wheeler is calling for public participation in drafting the initiative through his issuing of an Advance Notice of Proposed Rulemaking.
Over the past 18 months the coal-fired capacity outside of China has shrunk, but China continues to drastically increase the amount of coal-fired power plants, according to a study from Global Energy Monitor. China grew their coal-fired plants by 42.9 gigawatts (GW), while the rest of the world saw a decrease of 8.1 GW, averaging out to a net growth of 34.9 GW globally. While the country is a clean energy leader, the amount of coal usage has yet to slow. According to Global Energy Monitor, this large growth of coal is not compatible with the Paris Agreement’s plan to keep global warming to below 2 degrees Celsius.
Seattle is making an attempt to move aggressively towards cutting the city emissions. In September, Mayor Jenny Durkan signed a bill that would tax home heating oil an additional 24 cents per gallon. This tax would be on top of the existing 10% heating oil tax that currently exists for the residents of Seattle. This tax will take effect starting during the summer of 2020.
Alternative energy is certainly an interesting concept in many aspects. Often referred to as “Clean Energy,” alternatives can also include solar, wind and water based production. As our current world tries to push for a change on how power is sourced, there has been an effort and an investment to change from fossil fuels, such as coal, oil and natural gasses towards alternatives to create sustainable and inexpensive options for energy production.