0 Comments Indian Oil Corporation Limited (IOCL) has confirmed that following the BS4 to BS6 transition last year, it is enhancing its focus on higher octane petrol for our market. Commenting on the topic, Shrikant Madhav Vaidya, Chairman, Indian Oil Corporation, said in a recent interview with Autocar India, “We are on the job and we will chalk out the road map very shortly.”
Indian Oil’s 100 octane petrol
slated to be available in 16 cities
from January 2021
Octane rating of regular petrol to also improve in the future In line with its latest strategy,
IOCL recently launched XP100 – the country’s first 100 octane petrol – for high performance vehicles and is now working towards expanding its retail availability. Moreover, the company is also planning to increase the 91 octane rating of regular petrol by 2023.
Renewed focus on climate legislation could help biofuels
The biofuel industry argues that President-elect Joe Biden can also make progress on his climate goals by expanding biofuel usage mandates, embracing a low carbon fuel policy and increasing vehicle emissions standards. 5:30 am, Jan. 17, 2021 ×
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Now that Democrats have won control of the Senate, climate legislation is inevitable, and farm groups have to get involved in the debate, says Chandler Goule, CEO of the National Association of Wheat Growers and a former Democratic congressional staffer.
“We’ve got to make sure that agriculture is part of the solution, Goule said in a Washington Week in Review interview with Agri-Pulse. It’s not if climate legislation is coming, it’s when. So we might as well just get over whether this is going to happen or not,”
Nutson s Auto News Weekly Wrap Up - January 10-16, 2021
Below are the past week s important, relevant, semi-secret, or snappy automotive news, opinions and insider back stories presented as expertly crafted easy to digest news nuggets.
AUTO CENTRAL CHICAGO January 17, 2021; Every Sunday Larry Nutson, The Chicago Car Guy and Executive Producer, with able assistance from senior editor Thom Cannell from The Auto Channel Michigan Bureau, compile The Auto Channel s take on this past week s automotive news, condensed into easy to digest news Nuggets.
LEARN MORE: Links to full versions of today s news nuggets along with a million pages of the past 25 year s automotive news, articles, reviews and archived stories residing in The Auto Channel Automotive News Library can be found by just copying and then inserting the main headline into the News Library Search Box.
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Any meaningful impact that the incoming Biden administration can have on the private sector will likely take some time.
We expect the first 12 to 18 months of Democrat Joe Bidenâs term will be largely spent undoing the Republican Trump administrationâs rulesâwith minimal impact on company valuations.
We think the biggest effect a Democrat-controlled Congress would have on investments is a likely increase in the corporate business tax rate. We also think Democrats will work to provide more stimulus and expand healthcare coverage, primarily within the Affordable Care Act framework. The narrow Democratic majority in the U.S. Senate will help Biden make government appointments faster. But without a larger majority in Congress, a lot of public policymaking will be left up to executive action.
The Trump administration will delay the introduction of higher fines for car manufacturers that do not meet fuel economy targets.
In 2015, the Congress ordered federal agencies to increase penalties to account for inflation. Fines were set to increase from $5.50 to $14 for each tenth of a mile per gallon that a carmaker’s fleet average fell short of Corporate Average Fuel Economy (CAFE) standards, and multiplied by the number of vehicles sold.
The Trump administration made the decision to suspend the regulation change in 2019, but the U.S. Court of Appeals for the Second Circuit overturned this move in August 2020.
Fast forward to the final days of the Trump presidency and, according to