Did you know that biodiesel has seen a 600 percent increase in consumption in the last decade? 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.
As we continue to wade our way through 2021, the hope is that the use of biodiesel continues to rise. Did you know?
- 65% lower than an EV (electric vehicle)
- 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.
Biodiesel is something that can make a big impact immediately. Here’s how.
Investments in ESG
Environmental, social and governance (ESG) investments are continuing to be made. In fact, compared with $8 billion for the entirety of 2019, $19 billion had been invested into ESG in just the first three quarters of 2020!
About 90% of S&P 500 Index released sustainability reports in 2020 which showed that people want to see companies make strides in their approach to climate change.
New Methods of Using Biodiesel
As more fleets try it out, biodiesel is getting used in more innovative ways. Also, the exploration of higher blends will continue to happen. In years past, B20 (20% biodiesel, 80% ULSD) blends were considered the gold standard. Now, they’re climbing higher, up to B100 – even in colder climates. Several B100 pilots are taking place now.
Additionally, there will be a higher usage of blends that combine biodiesel and renewable diesel to ensure the best of both worlds. Looking to stretch your supply and lower costs? This is a great way to go.
Greenhouse Gas Emissions: Still an Issue
It’s more important than ever for fleets, fuel marketers, policymakers and drivers to have awareness of this issue, as transportation remains a top contributor to greenhouse gas emissions.
Looking ahead to year 2030, the United Nations’ Intergovernmental Panel on Climate Change says that “rapid, far-reaching and unprecedented changes” must be made to limit global warming or irreversible damage could result.
With every day you wait to switch to cleaner fuels, harmful emissions are getting into the atmosphere. The shift to biodiesel will have a cumulative impact, resulting in better reductions over time. Biodiesel greatly reduces many kinds of emissions compared with petroleum diesel:
- Particulate matter by 50 percent
- Carbon monoxide by 50 percent
- Total hydrocarbons by 70 percent
We would like to know what you as a company are doing to switch to cleaner fuels. Contact us at Taylor Oil today. The biodiesel effort is very important to our team!