News Briefs
Business developments, technology launches and other news free to view

News Briefs

  • Solar company with ties to Sungevity to acquire assets from SunEdison +

    Crius Solar, a firm holding a strategic alliance with Sungevity Inc., has inked an agreement to acquire certain assets from Read More
  • US EPA to adopt aircraft engine emission standards +

    Last week, the US Environmental Protection Agency ruled that emissions from the aviation industry are harmful to human health and Read More
  • Bioeconomy in Alberta gets boost from $13 million in funding +

    Alberta Innovates Bio Solutions (AI Bio) is funding 61 new projects aimed at developing new industrial bioproducts or technologies using Read More
  • Smartcool distributor installs energy efficient chillers at hotels in UAE +

    EnviroTech Ltd., Smartcool Systems Inc.’s distributor in the United Arab Emirates (UAE) has installed the ESM, a chiller energy savings Read More
  • PSP Investments, Teachers to acquire renewable energy, water infrastructure firm +

    Two of Canada’s largest pension funds, the Public Sector Pension Investment Board (PSP Investments) and Ontario Teachers’ Pension Plan, are acquiring Read More
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74

Stock Market

1 DOW 18,576.47
-37.05 (-0.20%)    
2 S&P 2,184.05
-1.74 (-0.08%)    
3 NASDAQ 5,232.90
+4.50 (0.09%)    

Last week, the US Environmental Protection Agency ruled that emissions from the aviation industry are harmful to human health and therefore will move to adopt aircraft engine emission standards. But Lux Research says that the EPA missed an opportunity to bring Biojet (renewable fuel for the aviation sector) to the fore.

In a note released earlier this week, the research firm notes that while the EPA move isn’t surprising and is “a significant milestone” towards the development of regulations for aviation similar to those in the road transportation sector, the lack of Biojet mention is a missed opportunity.

“For the aviation industry to achieve its proposed emissions target by 2050, biojet fuel will play the largest role, responsible for over 56% of the emissions reduction,” reads the Lux brief. “Yet the EPA did not refer to it once in its announcement, discussing only the advancements in aircraft technology, which account for only about 17% of the emissions reduction by 2050.”

For more on biojet, see the Lux Biojet Fuel Technology Roadmap report.

Because renewable fuels have garnered a much more significant portion of the government mindshare, regulatory action on biojet has been lacking. As a result, companies capable of producing biojet fuel have shied away, with just 733,351 gallons (about 3.6 million litres) of biojet fuel registered for Renewable Identification Numbers (RINs) in the US so far in 2016 – despite the fact that existing production capacity is magnitudes larger.

Details of the EPA’s July 25 announcement can be found HERE and HERE.

Here in Canada, action of biojet is taking shape. A supply chain project is going to be located at Trudeau International airport in Montreal. For more, read the following Canadian Green Tech article: Biojet project to be located at Montreal Trudeau Airport.