web analytics
December 18, 2014 / 26 Kislev, 5775
 
At a Glance

Posts Tagged ‘gasoline’

Israelis Invent Revolutionary Alternative Fuel

Sunday, November 17th, 2013

Ben-Gurion University of the Negev (BGU) researchers have invented a process to make a green feed alternative for crude oil out of two of the most common substances on Earth – water and carbon dioxide, a greenhouse gas detrimental to the environment.

Profs. Moti Herskowitz and Miron Landau, along with Dr. Roxana Vidruk and the team at BGU’s Blechner Center of Industrial Catalysis and Process Development have developed a green feed that can be converted using well-established technologies into liquid fuel and delivered using existing infrastructure to gas stations. As opposed to other alternative fuel sources, such as electric cars, which require additional infrastructure, this green feed would merely replace oil as the input for refineries.

The project is partially supported by I-SAEF (Israel Strategic Alternative Energy Foundation).

Herskowitz unveiled the revolutionary breakthrough at the Bloomberg Fuel Choices Summit in Tel Aviv last week.

“It is an extraordinary challenge to convert carbon dioxide and hydrogen to green feed,” says Herskowitz. “The technology is based on novel specially tailored catalysts and catalytic processes. Well-established, commercially available technology can be directly applied to the process developed at BGU. It is envisaged that the short-term implementation of the process will combine synthetic gas produced from various renewable and alternative sources with carbon dioxide and hydrogen.”

Prof. Herskowitz, who is the Israel Cohen Chair in Chemical Engineering and the VP & Dean at BGU, indicated that the new process should become a reality in the near future. “Since there are no foreseen technological barriers, the new process should become a reality within five to ten years,” he says.

Regarding other alternative fuels, Herskowitz maintains that his invention represents a game-changer.

“The liquids that have been used over the past decade are ethanol (alcohol), biodiesel and/or blends of these fuels with conventional fuels, as will continue to be done in the foreseeable future. These alternatives are, however, far from ideal, and there is a pressing need for a game-changing approach to produce alternative drop-in liquid transportation fuels by sustainable, technologically viable and environmentally acceptable processes from abundant, low-cost, renewable materials.”

Researchers at the Blechner Center have also developed a novel process for converting vegetable and algae oils to advanced green diesel and jet fuels.

Strong Shekel, Weak Oil Drive Down Price at the Pump

Sunday, September 29th, 2013

Israeli motorists will enjoy a relatively large drop in the price of gasoline in October following a sharp drop in the price of crude oil and a stronger shekel the past month.

The end-of-the month adjustment Monday night is expected to knock approximately 45 agorot (13 cents) off every liter of regular unleaded fuel.

The drop more than wipes out the 25 agorot per liter increase at the beginning of September.

VAT Tax Up

Sunday, June 2nd, 2013

Israeli VAT tax went up 1% to 18% on Saturday night. It’s now at its highest level in a decade. The government expects the tax hike will raise an additional NIS 4.4 billion a year in revenue, assuming the economy stays strong.

The price of gasoline also rose to NIS 7.52 for 95 octane. This is due to the rising price of imported gas.

The government found itself in a large deficit for two primary reasons.

It bet again on the viability of implementing a two year fiscal plan, but that didn’t work out as well as it did the first time around, when costs were higher, and revenue was lower than expected.

The second reason is that the government gave money away in the form of free dental care for children, free nursery school, and other perks, in response to the summer social protests, and now it has to pay for the debt those perks incurred.

Printed from: http://www.jewishpress.com/news/breaking-news/vat-tax-up/2013/06/02/

Scan this QR code to visit this page online: