The U.S. Treasury Department recently released preliminary guidance on how companies can secure clean fuel tax credits under the Inflation Reduction Act (IRA). This guidance is crucial for fuels that combat climate change, particularly those based on corn and biofuels. However, the biofuels
The introduction of the new ISO 8217:2024 standards has brought significant attention to the viscosity limits for marine fuels, with a particular focus on Very Low Sulfur Fuel Oils (VLSFOs). These new specifications have revealed a concerning trend: a substantial portion of existing VLSFOs,
Nuclear energy companies are engaged in a vigorous race to develop microreactors. These "mini batteries" are driven by a need for affordable, safer, and more modular energy solutions. This shift is seen as a significant step in supporting decarbonization efforts across various sectors.
As the global shipping industry grapples with the challenge of drastically reducing carbon emissions and shifting toward more sustainable fuel choices, interest in LNG as an alternative to traditional bunker fuel has significantly grown. This move has been driven not only by the international
In a decisive step towards addressing the environmental and fiscal challenges caused by climate change, New York Governor Kathy Hochul has signed into law the Climate Change Superfund Act. This groundbreaking legislation mandates major emitters, particularly fossil fuel companies, to compensate for
As the world grapples with the pressing challenge of reducing greenhouse gas (GHG) emissions, the European Union has taken a significant step forward by introducing the FuelEU Maritime regulation, aimed at addressing GHG intensity in maritime transport. This regulation is the EU's first
