How Can The Oil Industry Achieve Carbon Neutrality By 2050?
There is a recent shift in the environmental focus in the United States and worldwide. More than ever before, the world is looking for ways to achieve carbon neutrality. Large corporations and governments around the world are looking to expand water, solar, geothermal, and wind power to lower our carbon footprint. However, they are missing an opportunity to be carbon neutral via the easiest and most economical method.
The answer lies with the oil industry. As far as heating your home is concerned, carbon neutrality can be achieved by 2050 via the utilization of our Bioheat® heating oil. This article includes a close look at Bioheat® fuel oil and how it can transform home heating in the southern Connecticut shoreline.
The following topics include an in-depth discussion below:
- Carbon Neutrality’s Ultimate Goal
- Using Bioheat® to Achieve Net Zero Carbon Emissions by 2050
- The Four Stages Towards Achieving a Carbon-Free Future
Read on to know more about these critical topics.
The Providence Resolution’s Goal For Carbon Neutrality By 2050
- 1 The Providence Resolution’s Goal For Carbon Neutrality By 2050
- 2 Using Bioheat® Heating Oil to Achieve Net Zero Carbon Emissions by 2050
- 3 Call Wilcox Energy To Order Bioheat® Heating Oil Today
Something remarkable occurred in 2019. The heating oil industry in the Northeast banded together and made a solemn vow, known as the Providence Resolution which was, held at the HEAT Show at the Rhode Island Convention Center in Providence. The entire industry stood together during the Northeast Industry Summit and, at that time, they made a vow to achieve net-zero CO2 emissions by 2050.
The best part of this is that the schedule for achieving this ambitious goal is already set. Carbon emissions will be reduced per a certain schedule at specific intervals. This schedule is written below:
- 15% carbon reduction by 2023
- 40% carbon reduction by 2030
- Net-zero carbon emissions by 2050
You might be wondering whether this plan was made earnestly. Or if it is even possible to have net-zero carbon emissions in the next three decades.
It might look like it will not work at first glance. However, experts in the industry have been working hard so that this problem is solved using biodiesel and ULSHO. They have also made impressive progress so far.
Learn more about their plan and more with the discussion below.
Carbon Neutrality – The Ultimate Carbon Neutral Goal
To put it simply, achieving carbon neutrality is balancing the number of emitted carbons and the carbon sinks that are absorbing them from the atmosphere.
This is achieved primarily through the removal of carbon dioxide from the atmosphere. This gas then needs to be stored through a process called carbon sequestration. To reach this level and achieve net-zero carbon emissions, there should be a focus on utilizing carbon sequestration so that the greenhouse gas emissions are counterbalanced.
Another solution is called carbon offsetting, a method that can help us lower carbon emissions and achieve carbon neutrality much faster. It offsets or reduces how much carbon is created when heating our homes. This is possible when we heat our homes using renewable energy sources, such as a blend of biodiesel and ULSHO.
Switching to this heating source means we will release less carbon into the atmosphere. Using Wilcox Energy’s Bioheat® heating oil, a liquid renewable fuel, is the best method for southern CT residents to help in accomplishing the net-zero emissions goal.
Even better, we are already working hard to achieve reduced carbon emissions in the southern Connecticut shoreline. Wilcox Energy has already been delivering a liquid renewable fuel named Bioheat® heating oil to our clients since 2016. We have proudly removed 3,511,500 Pounds of carbon from the environment.
Using Bioheat® Heating Oil to Achieve Net Zero Carbon Emissions by 2050
You might have thought about how reaching this goal sound great on a surface level. However, you might also wonder how Bioheat® heating oil will specifically help in achieving net-zero carbon emissions by 2050.
Fortunately, Bioheat® home heating oil is a highly versatile fuel that helps lower carbon emissions and eventually removes them completely through several spectacular ways. These include:
It Lowers Carbon Emissions
Many people do not realize how vital a fuel that is liquid and renewable is. It is a crucial liquid heating fuel that is the only source of its kind that has the ability to lower carbon emissions.
This blend of biodiesel and ULSHO has enabled the oil industry to cut down carbon emissions, with the goal of eventually eliminating them altogether.
Currently, experts in the oil industry have made a heating oil blend containing 20% biodiesel called B20. This mixture has a significantly lower carbon emission than petroleum diesel.
It’s Made with a Renewable Energy Source Called Biodiesel
Biodiesel is an essential green energy component in Wilcox Energy’s Bioheat® heating oil.
It is a renewable energy source that utilizes agricultural byproducts, such as soybean oil, used cooking oil, corn oil, fats, canola, and tallow. These are converted into a fuel source for home heating, according to the National Biodiesel Board.
The oil industry is continuously working diligently to create even more powerful blends. The goal is to have our existing heating systems using B100 blends by the year 2050. B100 is a liquid fuel source that is entirely made from renewable agricultural byproducts.
You don’t have to wait, as you can start reducing your carbon footprint today. By ordering Bioheat® heating oil, you can heat your home with an environmentally-friendly biofuel at no extra cost.
Bioheat® Heating Oil Doesn’t Require Special Home Heating Equipment Or Modifications
Lastly, there are certainly financial concerns that go along with achieving net-zero carbon emissions by 2050. The U.S. government is currently working hard to reduce carbon emissions. However, they are not being fiscally responsible about it.
“Electrification” is a significant improvement towards carbon neutrality. It would require, however, that all heating systems convert to electric heat pump technology. However, an average homeowner might find that this is an incredibly expensive proposition.
You would need to install a completely new electrical heating system in your home. You also have to spend a considerable sum to have someone remove your current oil heating system and install a new electric heat pump system. Making the switch from oil heat to electrical heat can cost you about $15,000 or more. Therefore, you have to ask yourself if you can afford to pay these out-of-pocket expenses. For many, this option is out of reach.
The obvious solution is to still use your current heating system while achieving net-zero carbon emissions by 2050. Fortunately, the solution is right in front of you! You can use our liquid renewable heating fuel without the need to purchase expensive specialty equipment and pay large costs.
The Four Stages To Achieving a Carbon-Free Future with Bioheat® Heating Oil
Currently, the oil heating industry has a four-stage plan to altogether abolish carbon emissions by 2050. The brilliant scientific minds and technicians from the industry are working meticulously to accomplish this tremendous task.
And the best part?
We are on target in achieving this goal. The four stages of this plan include the following:
- Current Stage – Right now, the biodiesel industry delivers a biodiesel fuel called B10 to their customers. This fuel consists of 10% biodiesel. According to NESCAUM, it lowers Mercury, particulate matter, CO2, and SOx emissions effectively.
- By 2023 – This stage will see the industry predominantly serving clients with B20 biodiesel fuel. It has 20% biodiesel, lowering your CO2 emissions by 14.6%. Compared to natural gas, this fuel also works more effectively at lowering GHG emissions. The good news is we’ve already been delivering B20 to our customers since 2016!
- By 2030 – The next eight years will see industry experts continuously develop B50, an effective 50% biodiesel and ULSHO blend. This potent home heating fuel will remove 4.29 million metric tons of carbon and eliminate the need for heating oil to around 500 million gallons. We are on our way to start delivering B50 ahead of the industry’s 2030 goal.
- By 2050 – This goal is already in sight. The industry will offer a 100% biodiesel fuel source that is compatible with existing oil heating systems. This liquid fuel will not only lower the carbon emissions by 8.9 million metric tons, but it will also eliminate the need for a billion gallons of heating oil.
Are you prepared to do your share in lowering carbon emissions?
It is clear that government agencies and large businesses are missing out on a huge opportunity. They overlooked the economic and environmental value of having a renewable biofuel to successfully reduce and remove greenhouse gas emissions.
Call Wilcox Energy To Order Bioheat® Heating Oil Today
As mentioned above, Bioheat® heating oil packs all the benefits of a premium heating oil in one. It can be used with traditional heating systems without any adjustments, cutting the costs of modifications and converting to other heat sources. As a biodiesel and ULSHO (ultra-low sulfur heating oil) blend, your heater runs more efficiently and cleaner while preserving its condition. Bioheat® heating oil uses 100% biodiesel to create a blend with lower carbon emissions, making it a safer choice for the environment and a safer option to use in your home.
Call Wilcox Energy today to learn more about Bioheat® fuel and join us in reducing carbon emissions today!
For more information about our Bioheat® heating oil deliveries or our HVAC services, be sure to contact Wilcox Energy. You can click here to contact us, or you can call us at (860) 399-6218 to find out more. We offer a full line of home comfort services, all customizable to meet your needs. Call now!