SOURCE: Honeywell
October 15, 2024
BY Honeywell
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Terviva Inc. on Oct. 15 announced its investment from Chevron Renewable Energy Group. Together, the two companies expect to scale Terviva’s pongamia-growing operations and drive greater availability of pongamia as a biofuel feedstock.
Soybean oil use for biobased diesel production reached a near-record high in June, but demand for soybean oil feedstock continues to face headwinds from rising imports of UCO and tallow, according to CoBank.
Formula 1 has been working with DHL Global Forwarding's GoGreen Plus service to reduce its greenhouse gas emissions by around 80% per flight compared to conventional aviation fuel by utilizing sustainable aviation fuel (SAF).
The IEA on Oct. 9 published its annual Renewables market report, which for the first time includes a chapter focused on renewable fuels that outlines expected growth in liquid biofuels, including SAF, biogas, and other forms of bioenergy through 2030.
The Clean Fuels Alliance Foundation is now accepting applications for the Beth Calabotta Sustainability Education Grant. Established in 2018, the grant aims to support student scientists dedicated to sustainable research.