IEEJ and EPRINC Co-Host Virtual Workshop: The Role Of LNG In A Carbon-Constrained Market

The Institute of Energy Economics Japan (IEEJ) and the Energy Policy Research Foundation, Inc. (EPRINC) jointly hosted a virtual workshop, “The Role of LNG in a Carbon-Constrained Market” on December 15, 2020, 7:00 pm – 9:00 pm (Washington, D.C. – EST); December 16, 2020, 9:00 am – 11:00 am (Tokyo – JST).

This workshop was part of an ongoing cooperative program between IEEJ and EPRINC to explore the potential for LNG to meet rising energy demand and growing requirements for decarbonization in Asian markets. Japanese and U.S. energy research experts, senior representatives from U.S. and Japanese companies, officials from the Japanese Ministry of Economics, Trade, and Industry, and others came together for a discussion on policy and technology developments needed to address the challenges and opportunities for LNG as Asia’s growing energy consuming centers search for efforts to restrain carbon emissions and sustain economic growth.

The workshop agenda can be found here. The workshop was recorded and is accessible at this link using passcode: ?#?@s8cS

There were some excellent presentations given at the workshop, which can be downloaded here. In addition, EPRINC’s Max Pyziur provided all participants with a scene-setting presentation that is accessible here.

EPRINC and IER Co-Host Virtual Workshop on “Understanding the Safer Affordable Fuel-Efficient (SAFE) Rule for Automobiles”

On July 27, 2020, the Energy Policy Research Foundation and the Institute for Energy Research jointly hosted a virtual workshop on the recently adopted regulation setting fuel efficiency standards for passenger cars and light trucks. 

Current and former officials from the U.S. Environmental Protection Agency (EPA), National Highway Transportation Safety Administration (NHTSA), representatives from the auto industry, EPRINC and IER staff, and a cross section of stakeholders discussed the new rule  and its broader implications for energy markets and the future of the U.S. auto industry. 

The video recording of the workshop can be accessed here, and the presentation from Heidi King is here and the one from Max Pyziur is here.

 

Understanding California’s High Transportation Fuel Prices
EPRINC has published a report “Understanding California’s High Transportation Fuel Prices.”  California’s  transportation fuel specifications are among the most stringent in the United States targeting both reductions in so-called criteria pollutants and reductions in green house gas emissions. Max Pyziur, EPRINC downstream expert, provides an assessment of the costs of the California standards. The  report can be downloaded here.

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EPRINC Issues Report on Technical Constraints and Cost Risks to the Renewable Fuel Standard

Max Pyziur and Lucian Pugliaresi on Technical Constraints and Cost Risks from the Renewable Fuel Standard

Under US law, increased volumes of biofuels must be blended into gasoline and diesel fuels. A variety of factors, including future demand for transportation fuels, falling crude oil prices and technological constraints, are all providing new challenges to successfully implementing the biofuel mandate.

This EPRINC assessment demonstrates that the RFS (Renewable Fuel Standard) requirements create considerable long-term costs, risks, and uncertainties to fuel producers, and are likely to raise transportation fuel costs substantially.

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