Long-haul shipping remains a hard problem for decarbonization. Maersk’s purchase isn’t going to address it. The roughly $150 million extra that it paid for the 8 ships is about 0.4% of Maersk’s annual revenues, or about 1.5% of its expected 2021 profits.
Maersk, the world’s largest ocean freight company, has just ordered 8 new container ships that will run on green methanol.
Long-haul aviation is a hard global warming nut to crack, and assessing methanol as a potential nutcracker shows why.
The US DOE announced that it has made the “the first ever offer for a conditional commitment” of loan guarantees under its Advanced Fossil Energy project to Lake Charles Methanol, LLC, for a petcoke-to-methanol facility.
In the past few decades, sustainable technologies have multiplied rapidly. The price of solar and wind energy has crashed, leading to a sustainable energy boom. Simultaneously, the public has grown more comfortable with electric vehicles, thanks to increasing range and flashy brands like Tesla showing what EVs are capable of. … [continued]
A Colorado company, Red Rock Biofuels, is planning a $200 million biofuels refinery in Lakeview, Oregon where it will refine jet fuel to be used by Southwest Airlines. The refinery will also produce diesel and naptha fuel from its wood pulp stock. According to the Red Rock Biofuels (RRB) website, the company’s … [continued]
A $10 million dollar pilot biomass plant will be constructed in the Western Australian Capital of Perth. Now you may be wondering, how can there be enough pilots in Western Australia to make rendering them down into biofuel worthwhile? But rest assured, in this case the word pilot does not … [continued]
Originally published in the ECOreport The first industrial-scale municipal solid waste to biofuel facility opened in Edmonton on June 4, 2014. Enerkem’s waste-to-biofuels and chemicals facility will convert 100,000 tonnes of sorted municipal waste per year into biofuels and chemicals. Once the facility is up to full capacity in 2016, … [continued]
A relatively low-cost means of converting carbon dioxide into methanol has been developed by researchers from Stanford University, SLAC National Accelerator Laboratory, and the Technical University of Denmark. Methanol is used for a number of different purposes, primarily though, as a fuel, in the production of many important adhesives and … [continued]
A very effective means of converting CO2 directly into methanol fuel has just been created, thanks to researchers from Université Laval. A single-step way to convert carbon dioxide directly into methanol has long been a goal of researchers in the field. “In the presence of oxygen, methanol combustion produces CO2 and … [continued]
