Heating Oil Industry Sets Goal to Eliminate Fossil Fuel Energy
NEC member the National Energy & Fuels Institute (NEFI) has announced a plan to eliminate fossil fuel energy reliance in the heating oil industry by 2050. The pledge is intended to reduce emissions and ultimately turn heating oil into renewable fuel.
The announcement follows a pledge made last year by over 300 oil industry professionals. The roadmap to eliminating fossil fuels from heating oil production focuses on using an increasing amount of biofuels in heating oil fuels, including a 15% reduction in fossil fuels by 2023.
“Last year, industry leaders announced a goal that many thought unachievable,” said NEFI President & CEO Sean Cota. “Today, we are excited to announce that not only is our goal achievable, but it is also well within reach. Renewable liquid heating fuel can reduce fossil energy use and carbon emissions faster and more cost-effectively than electric heat pumps or natural gas.”
The New England Council commends NEFI for its commitment to eliminating the use of fossil fuels. Read more from the NEFI press release.