BMW is investing in Prometheus Fuels, a company that plans to remove carbon-dioxide (CO2) from the atmosphere and convert it into gasoline. Prometheus plans to begin selling its fuel at gas stations later this year, at a price comparable to conventional gasoline, BMW said in a press release Tuesday. Prometheus also plans to make diesel and jet... BMW invests in company aiming to produce zero net carbon gasoline
BMW is investing in Prometheus Fuels, a company that plans to remove carbon-dioxide (CO2) from the atmosphere and convert it into gasoline. Prometheus plans to begin selling its fuel at gas stations later this year, at a price comparable to conventional gasoline, BMW said in a press release Tuesday. Prometheus also plans to make diesel and jet...
Electric cars have the great advantage that their batteries can be recharged anywhere there's electricity. It may not be particularly fast, though modern plug-in vehicles get at least 60 miles overnight, and often double or triple that. But a century ago, drivers of gasoline cars had just as much range anxiety as electric-car...
It's an unusual thing, to say the least, when the U.S. Chamber of Commerce publicly suggests a major tax increase. In general, the pro-business lobbying group advocates for tax cuts, reducing or eliminating regulations, and free-market policies that allow companies to operate however they choose. But there it was on Tuesday: The Chamber will...
Electric cars still cost significantly more to buy than gasoline-powered vehicles of the same size and capabilities. But cars that plug in are almost always cheaper to run per mile, often by a significant multiple. A study released Thursday has quantified those differences, comparing the cost-per-mile of gasoline versus electricity in different...
Though the Environmental Protection Agency has already ruled on ethanol-blended gasoline mixtures for 2018, that hasn't stopped ethanol advocates from pushing for a higher 30-percent blend for non-flex-fuel vehicles. The latest call for ethanol comes from corn-state ethanol refiners, farmers, and an ethanol-producer trade association, all of whom...
Electric vehicles have the potential to upend energy markets as their adoption becomes more widespread. But how much of an effect will they have? And on which specific markets? According to a recent report by Wood Mackenzie, the global power grids are likely safe for quite a while, but another market may be turned on its head. DON'T MISS: Decline...
It's not just the world automotive industry that's grappling with rapid changes brought about by the need to reduce the effects of climate change. The world's fossil-fuel extraction, refining, and delivery industries are also faced with the reality that two centuries of burning their core products hurts the planet and has already exacerbated...
The latest study on the future of transportation paints an increasingly dim picture for the oil industry, though it suggests that the industry is in no danger of collapse. Instead, Big Oil will lose its dominance in the transportation sector over a 25-year period as electric cars and mobility solutions (ride- and car-sharing services) become more...
European countries continue to implement aggressive policies to move away from fossil fuels for transportation and favor zero-emission solutions in renewable energy and vehicles. Last year, the Netherlands joined Norway to ban the sale of new cars powered by internal-combustion engines after 2025. The country will still allow engine-driven...
France followed two other European countries—Norway and the Nethelands—with a plan to ban the sale of new cars powered by gasoline and diesel by 2040. While the country will stick to the 2040 timeline, France's capital city of Paris announced a more aggressive timeline. Ten years ahead of the country as a whole, Paris will phase out...
The college town of Oxford, England, is poised to become the first municipality in the United Kingdom to ban gasoline and diesel-fueled cars from its city center. A proposal headed to the Oxford City Council has four stages that would culminate in a city free of vehicular emissions by 2035. Initially, the city hopes to ban gas and diesel cars...
Since 2007, the Renewable Fuel Standard has required increasing levels of ethanol in gasoline blends sold in the U.S. Most fuel stations across the United States no longer offer pure gasoline, with E10—a blend of 10 percent ethanol and 90 percent gasoline—prevailing. After years of debate, the EPA has now announced it will study the...
Earlier this month, Japanese automaker Mazda laid out its future powertrain strategy and dropped a massive announcement in the process. In 2019, Mazda will introduce a gasoline-powered Homogeneous Charge Compression Ignition engine, dubbed Skyactiv-X, that the automaker promises will offer huge strides in efficiency and fuel economy. That means...
The United Kingdom will follow in the footsteps of some European countries as it announced plans to ban the sale of gasoline- and diesel-powered cars by the year 2040. The initiative closely follows a similar announcement from France, which also declared 2040 as the year it will phase out fossil-fuel vehicles Norway and the Netherlands have also...
To most North Americans, the idea of banning all vehicles with internal-combustion engines seems unthinkable. Filling up with gasoline (or diesel) is as American as are dispersed low-density suburbs without mass transit, bike paths, or even sidewalks. Europeans, more of whom live in cities and most of whom have access to a more balanced set of...
It crops up in comments from electric-car advocates and clean-energy users fairly regularly. And it goes something like this: "Big Oil and Gas are on the verge of collapse, as clean energy and electric cars make them obsolete." Occasionally the sentiment is followed by an approving emoji. DON'T MISS: Electric cars pose little threat to oil demand...
Well, never let it be said that this site's readers don't practice what they preach. We asked our Twitter followers when they thought they would buy their very last gallon of gasoline ever. Remarkably, one third of them (35 percent) said they had already done so. DON'T MISS: What will you be driving 10 years from now? Poll results That means they...
The U.S. Environmental Protection Agency (EPA) is struggling with Congress and various corporate interests over the amount of ethanol that will be blended into the U.S. fuel supply. The Renewable Fuel Standard in place since 2007 calls for specific volumes of ethanol, but critics have tried to cap that amount while the EPA has tried to maintain or...
The term "range anxiety" is commonly associated with electric cars because of relatively short ranges for many of them, along with a lack of charging infrastructure in many regions. But at the moment, many drivers of gasoline cars in the southern U.S. may begin feeling exactly the same thing. A pipeline rupture in Alabama has led to fuel shortages...