Cleaner Fuels: What to Expect – As we progress through 2021, the hope is that the use of biodiesel continues to rise. Did you know?
- 88% lower than ULSD, a cleaner-burning diesel fuel containing less than 97 percent less sulfur than low-sulfur diesel (LSD).
- 85% lower than CNG (compressed natural gas). This is a fuel gas that is made from natural gas and comprised mostly of methane.
- 65% lower than an EV (electric vehicle)
Biodiesel is something that can make a big impact immediately. The best part about biodiesel is that it doesn’t need updates to equipment or infrastructure. Rather, the biodiesel blends are simple drop-in fuels. Supply is strong enough to meet demands all across the country.
Did you know that biodiesel has seen a 600 percent increase in consumption in the last decade?
New Ways of Using Biodiesel
Biodiesel is getting used in more innovative ways as more fleets try it out. The exploration of higher blends will continue to happen, too. It used to be that B20 (20% biodiesel, 80% ULSD) blends were the gold standard; well now, they’re going even higher, up to B100. In fact, B100 pilots are faring well, even in cold climates.
There will also be a higher usage of blends that combine biodiesel and renewable diesel to get the best of both worlds. If you are looking to stretch your supply and lower costs, this is a great way to go.
Still a Big Issue: Greenhouse Gas Emissions
Transportation remains a top contributor to greenhouse gas emissions, which means it’s more important than ever for fleets, fuel marketers, policymakers and drivers to have awareness of this issue.
The sustainability sector is looking ahead to year 2030, as the United Nations’ Intergovernmental Panel on Climate Change says that “rapid, far-reaching and unprecedented changes” must be made to limit global warming or we could face irreversible damage.
Each day you wait to switch to cleaner fuels, this allows more harmful emissions to enter the atmosphere. Turning to biodiesel now will have a cumulative impact, resulting in better reductions over time. Biodiesel greatly reduces many kinds of emissions compared with petroleum diesel:
- Carbon monoxide by 50 percent
- Total hydrocarbons by 70 percent
- Particulate matter by 50 percent
Investments are Being Made
Environmental, social and governance (ESG) investments continue to be made. In fact, in the first three quarters of 2020, $19 billion had been invested into ESG. Compare that with $8 billion for the entirety of 2019.
About 90% of S&P 500 Index released sustainability reports in 2020 which showed that people truly care how companies are changing to make a difference when it comes to climate change.
What are YOU doing to get on the biodiesel train? We would like to know. Contact us at Taylor Oil today and let us know. We are making great strides in the biodiesel effort.