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So I am reading that renewable diesel fuel life cycle has less emissions than an electric vehicle.
But the reference states there is a premium cost as compared to biodiesel.
Can anyone from CA help with the pricing?
The article:
When taking into account emissions throughout the fuel life-cycle, vehicles that use renewable diesel actually cause less emissions than electric vehicles. When the renewable fuel is manufactured from waste and residues, its greenhouse gas emissions decrease by up to 90% in comparison to fossil diesel.
Existing vehicle legislation dates back to the era before biofuels and also prior to the invention of hybrid and electric vehicles. Regarding its use, biofuel is considered to be similar to fossil fuel, whereas the emission calculations of electric vehicles fully ignore the source of their energy.
“In addition, the situation is totally different to five years ago, or 20 to 30 years ago when the methods for measuring vehicle exhaust fumes and CO2 emissions were created,” states Seppo Mikkonen, R&D Fellow, who works with fuel specifications at Neste.
Currently, fossil fuel usually contains 5–30% of biofuels, and the selection on the market includes, for example, Neste’s Renewable Diesel, created from fully renewable raw materials.
Neste well-to-wheels
According to Mikkonen, the “well-to-wheels” value, i.e. life-cycle approach, would be a fair and environmentally correct reference value. According to the value, CO2 emissions also include greenhouse gas emissions caused by the fuel itself or the energy production needed to power electric vehicles.
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