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Carbon Management

New reports predict US auto industry boosting profits with higher mileage standards

As the US ramps up vehicle fuel efficiency standards, two new reports from Citi Investment Research, Ceres and longtime independent industry experts conclude that US automakers will be more profitable at a fleetwide 42 mile per gallon (mpg) average in 2020

Purvin & Gertz releases global petroleum market outlook

Purvin & Gertz announces the release of its Global Petroleum Market Outlook 2011. The study provides an in-depth analysis of global and regional markets for crude oil and refined products within a framework of world energy demand and economic activity through 2030.

Foster Wheeler adds sulfur recovery to its portfolio

Foster Wheeler’s newly acquired sulfur recovery technology brings clear advantages to its refinery customers.

Global climate deal needed to go beyond previously agreed industrial emissions threshold

Policymakers should avoid putting through new unilateral greenhouse gas (GHG) targets and burdens designed to go beyond the originally stated 20% reductions, Cefic urged in a policy statement issued in early March.

BASF reaches climate protection goal

Last year, BASF reduced specific greenhouse gas emissions by 29% compared with 2002. This means that the company reached its emissions goal pathway for 2020 for the first time.

7 out of 10 German customers fill up wrong

With the introduction of Super E10 (10% ethanol blended gasoline), nearly 70% of German drivers avoid filling up with the higher bioethanol fuel blend.

Preem to begin sales of oil renewable diesel blend in Sweden in April

Swedish oil and marketing company Preem AB in April will begin sales of diesel blends containing 15% renewable diesel produced from tall oil as well as 5% biodiesel

EPA establishes Clean Air Act standards for boilers and incinerators

In response to federal court orders requiring the issuance of final standards, the US Environmental Protection Agency (EPA) is issuing final Clean Air Act standards for boilers and certain incinerators that achieve public health protections through reductions in toxic air emissions, including mercury and soot, but cut the cost of implementation by about 50% from an earlier proposal issued last year.

$8.8 billion for FGD systems market in 2011

Coal-fired power plant operators will complete investments of $8.8 billion for flue gas desulfurization (FGD) systems starting operation in 2011. The investment in 2012 will be down and will bounce back in 2013.

15 groups seek to bar EPA funding for E15

NPRA, the National Petrochemical & Refiners Association, was one of 15 organizations signing a letter to the leadership of the US House of Representatives supporting a measure by Rep. John Sullivan (R-Oklahoma) that would bar the Environmental Protection Agency (EPA) from using federal funds to cover EPA costs involved with increasing the amount of ethanol in gasoline from the current 10% to 15%.