Fuelishness! Feed: Fuel Economy still the Next Big Thing; Study: Fuel Costs Must Double; Biofuel-Fed A-10 Warthogs; Oil Prices Continue 2-month Climb
April 1, 2010 · by Michael Bragg · Filed Under Alternative Energy, Alternative Fuels, Automotive Industry, Bio-Diesel, Commercial Fleets, Energy Independence, FuelClinic, LinkedIn, News & Reports, Reducing Emissions
- Still the next big thing: Fuel economy — “We’re all in a race again,” he said. “From the standpoint where we [as manufacturers] kept bringing out new products to meet emission targets, now we’ll be aggressively focusing on fuel economy.”
- Study: Fuel costs must (at least) double to reduce GHG emissions — The team concludes that the only way to change the status quo in America — to reduce GHGs 17% by 2020 — is to adopt a mix of stringent rules that substantially increase fuel costs and increase vehicle mileage. To do this, the Harvard study suggests starting with a $0.50 a gallon tax in year one and adding another half-buck tax a year until the tax reaches $3.36 per gallon in 2020.
- Air Force Debuts Biofuel-Guzzling Warthog — In a bid to reduce dependence on imported fossil fuels, the Pentagon has been looking to new energy alternatives. Under the Air Force’s current energy plan, the goal is to acquire 50 percent of the domestic aviation fuel from an alternative blend by 2016. Terry Yonkers, the assistant secretary of the Air Force for installations, environment and logistics, said in a statement the goal was to encourage a major shift in the way the service powers its aircraft. “Our goal is to reduce demand, increase supply and change the culture and mindset of our fuel consumption,” he said.
- Oil rises above $84, extending 2-month rally — Oil prices have jumped from $69 a barrel in early February on investor expectations that a gradual recovery in the U.S. economy this year will eventually boost crude consumption.