Renewable Fuels

FAQ's

• What is a low carbon economy?

  A low-carbon economy is the conversion to an economy based on low-carbon energy sources that have reduced greenhouse gas emissions (CGH). CHG emissions trap heat in the atmosphere and are a large contributor to global warming, so reducing these emissions is a major factor in increasing the world's overall climate resilience.

  Companies in countries around the world are making to transition towards using renewable energy sources, like biofuels, that reduce carbon emissions and help meet carbon reduction goals. Investments in these strategies offer many benefits, including job creation, business competitiveness, and improved trade policies. 

• Why is decarbonization important?

  Since the industrial revolution, carbon dioxide levels (along with several other greenhouse gases) have accumulated in our atmosphere and caused an increase in the rate of global warming. The results of global warming are causing negative impacts on the environment, including rising sea levels, changing precipitation patterns, increased risk of droughts and floods, and threats to biodiversity, among many others.

  Decarbonization strategies are vital to mitigate the process of climate change. To make decarbonization a reality, many governments have implemented carbon reduction mandates. This means that companies across all industries must create a comprehensive plan to measure emissions output, identify opportunities to reduce carbon emissions, and invest in new technologies to enable these strategies. Meeting carbon reduction goals will require companies across all industries to switch to lower carbon-emitting, sustainable fuels to support one another in the race to decarbonize.

• What is a net zero company?

  A net zero company aims to achieve a balance between carbon emissions and absorption across its supply chain by utilizing renewable energy sources and finding ways to re-absorb remaining emissions.

  There are many benefits to achieving net zero, including saving money on energy costs, meeting environmental regulations, improving the company's reputation, and creating a more sustainable future. 

• What is biofuel?

  Biofuels are fuels that are created from renewable sources, like plant or algae material or animal waste products. They are a renewable source of fuel and a sustainable alternative to fossil fuels, while also producing less carbon emissions. 

  Biofuels have been implemented in several industries, and have many uses including transportation, heating, and electricity. Two of the most common types of biofuels are bioethanol and biodiesel. However, as the demand for renewable fuels increases, new forms of biofuel are found. Because of this, staying up to date on the most current forms of sustainable fuel is a vital part of an effective carbon reduction strategy.

• Are biofuels renewable?

  Yes, biofuels are renewable. They are made from organic material that can be grown and harvested on a regular basis, making them a sustainable alternative to fossil fuels, which are non-renewable.

  Biofuels can be made from a variety of renewable sources, including plants, water, animal waste, and other waste products. They also produce fewer carbon emissions, so implementing their use can help companies meet their sustainability goals.

• What are renewable fuels?

  Renewable fuels are fuels like biodiesel, ethanol, and hydrogen that are produced from renewable sources, such as corn, sugarcane, water, vegetable oil, and animal fats, among others.

  As companies throughout the world move towards implementing carbon reduction strategies, renewable fuels are likely to play an increasingly important role in their energy mix. There are several advantages for companies who switch to using renewable fuels, including energy efficiency, a reduction in dependency on fossil fuels, a reduction in environmental pollution, a reduction in greenhouse gas emissions, and overall sustainability.