Observations on the current happenings in the world of vehicles and the fuels that power them from Fuels Institute Executive Director, John Eichberger.
Butterfly Effect and Forecasts
A friend of mine who worked for a market analysis and consulting firm at the time, and who personally produced many forecasts about the transportation market (including some for the Fuels Institute), once told me – a forecast is only as good as the assumptions used and the results are outdated as soon as they are released.
Walk and Chew Gum – Keeping Biofuels at the Table
While new technology will go a long way to helping us on a path towards carbon neutrality in the transportation sector, we have lost sight of something very important. Internal combustion engine vehicles (ICEV) remain the dominant source of mobility in the world. We have to walk and chew gum at the same time – we can and have a responsibility to embrace new technologies while simultaneously improving upon existing ones.
A Core Motivation of Decarbonization
The U.S. Securities and Exchange Commission (SEC) has proposed rules on Environmental and Social Responsibility (ESG) that may be finalized as early as December 2022. For this reason, and many others, it is critical that businesses engaged in the transportation sector pay attention to their environmental performance. Here’s a detailed explanation of why.