U.S. Fuel Distributors, Farmers Launch Joint Climate Initiative; March 8 Webinar Launch
A cross-industry climate initiative by the U.S. liquid energy and agricultural sectors aims to affordably and equitably decarbonize five million homes across the Northeast by transitioning to renewable liquid heating fuel in alignment with state carbon-reduction targets.
The launch of Project Carbon Freedom, coalition leaders say, will help facilitate advocacy and coordination between heating oil distributors, farmers, domestic biodiesel producers, and policy makers from the Northeast and Midwest to chart– as an alternative to forced electrification– an economically, environmentally and socially responsible path to complete decarbonization of the residential heating oil market across New England and New York.
March 8 Virtual Launch
A virtual launch of the campaign, Project Carbon Freedom, will be hosted by Eric Slifka, CEO of Global Partners LP, and Donnell Rehagen, CEO of the National Biodiesel Board, on Monday, March 8, at 1:00 pm ET. Click Here to register.
This first-of-its-kind Project Carbon Freedom initiative brings together the region’s wholesale and retail fuel community, equipment manufacturers, and the agriculture sector to break historical barriers in support of shared climate policy action.
“There is a critical lack of public awareness around several important realities that aren’t addressed by current climate bills calling to electrify home heating across our region. Homeowners need to be informed of the substantial costs and inadequate cold-weather performance of electric heat pumps,” said Eric Slifka, CEO, Global Partners LP. “There is a realistic, renewable solution available today that will reduce their carbon footprint, save thousands of jobs and family businesses, utilize existing infrastructure, and provide an affordable solution for our disenfranchised communities.”
Over the past two decades, the heating oil supply pool has been increasingly cleansed of sulfur and blended with renewable, clean-burning biodiesel to create ultra-low-sulfur Bioheat® Fuel.
Commonly delivered to customers today as five- to 20-percent bio blends (B5 to B20), some of today’s forward-thinking fuel retailers are delivering blends of up to B40 and B50, which is cleaner and more renewable than both natural gas and electricity.
There are heating fuel customers right now whose conversion to electric heat would represent an increase in their carbon footprint.
“Our heating oil partners in the Northeast have worked for years to start the transformation of their industry to bring Bioheat, the cleanest alternative available, to tens of thousands of homes in the region,” said Donnell Rehagen, CEO, National Biodiesel Board. “Bioheat requires zero additional investment by the homeowner and offers a superior, dependable heat, even at the temperatures we have recently been experiencing. Policy makers across the region must now join together to take this transformation to the next level, multiplying the carbon reduction benefits already being realized, across the entire region.”
According to analysis by global management consultancy firm Kearney, a decarbonization plan that increases biodiesel supply to the Northeast, while supporting the ongoing commercialization of complementary advanced biofuels, represents the most realistic and responsible path forward to net-zero home heating.
“Months of research conducted by Kearney demonstrates that heating oil-biofuel blending provides the most cost-effective and immediate path to reduce fossil energy use and carbon emissions,” said Kearney partner Neal Walters. “Our findings show that this strategy is both affordable and easier to implement than electrification for home heating in the Northeast.”
Additionally, clean energy legislation that includes the deployment of renewable liquid heating fuel:
— Supports small businesses and farmers.
— Utilizes billions of dollars in existing assets, supply chain infrastructure, and a workforce of more than 160,000 liquid heating fuel professionals to deliver a commercially viable advanced biofuel already in use today.
— Tempers utility costs forecasted to rise due to increased adoption of electric vehicles.
— Promotes environmental justice, energy security, and jobs in our communities.
— Reduces GHG emissions immediately, rather than waiting on decarbonization of the power grid.
— Takes a significant load off the region’s burdened electric grid as it struggles to meet increasing demand with weather-dependent renewables.
“Clean energy policy that puts an elected official in the position of asking a constituent to pay tens of thousands of dollars to increase their carbon footprint is not only counter-productive, but erosive of public trust in government at a time when we should actively be working to restore it,” said Slifka. “There’s a more responsible, equitable path to net-zero home heating that will universally benefit the homeowners, small businesses, and communities our elected officials represent. Project Carbon Freedom looks forward to working with them in earnest to that end.”
For more information, visit the Project Carbon Freedom website.