Decarbonization Drives Pick Up in Low-Carbon, Renewable Fuels Activity
Activity is heating up in the low-carbon fuels space as the decarbonization movement drives strategic investments with sustainability and profitability in mind. Traditional energy companies are envisioning how their companies will look in a decarbonized economy and seizing opportunities.
Unlike traditional fossil fuels such as gasoline and diesel, renewable and low-carbon fuels—which include forms of natural gas; biogas produced by the breakdown of animal waste and food; renewable natural gas, the byproduct of decomposed organic matter; ethanol and hydrogen among others—release less CO2 when burned. Their use could move the world closer toward hitting net-zero goals and lowering emissions in hard-to-decarbonize sectors.