Heating Oil Industry on Track to Achieve Net-Zero Emissions by 2050

Analysis shows biofuels and energy efficiency are equitably and cost-effectively reducing GHGs

The Northeast heating oil industry is on track to achieve the ambitious goals set forth in the Providence Resolution, a landmark commitment made in 2019 to voluntarily reduce greenhouse gas emissions. The resolution, which was unanimously approved by over 300 industry leaders, calls for a 15% reduction in greenhouse gas (GHG) emissions by 2023, a 40% reduction by 2030, and net-zero carbon emissions by 2050.

According to a new analysis by Dr. Tom Butcher of the National Oilheat Research Alliance (NORA), the industry has surpassed its goal of reducing GHGs 15% by 2023, achieving a nearly 26% reduction in greenhouse gas emissions through a combination of energy efficiency improvements and increased use of renewable fuels such as Bioheat® Fuel, a blend of sustainable biodiesel with conventional home heating oil. Read more.

IMPORTANT VISIONS 24 SESSIONS

Clean Heat Standards and Other Market-Based Regulatory Programs
An Inside Look at Performance & Benefits of Renewable Fuels
Selling Your Business or Buying Another’s: Top 4 Issues
There’s Nothing Artificial about Artificial Intelligence
B100 is here. What's next? Innovation to maximize service
Fuel Your Future: The Ultimate Growth and Succession Workshop
The Future Zero GHG fuel. EL Update with Biofine & NORA
The Broken Electric Grid: What it means for business and opportunities
NORA Activities
Mitigate Microbial Contamination in Your Fuel System...
HAL, SkyNet, or C3PO? What AI and Digital Marketing Could Mean...

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Industry Summit Kickoff

Tuesday, April 30, 2024 | 8AM - 9AM
Don’t miss the Industry Summit Kickoff where we will review all the industry has accomplished in the last few years and look forward to new opportunities, more innovation, and even greater successes!

Industry Summit VI - Vision of the Future

Wednesday, May 1, 2024 | 10:30AM - 1PM
Join us at Industry Summit VI for information, ideas, and enlightenment! We want every fuel company to have a fair shot in today’s competitive market environment, and our Summit sessions will show you how our renewable liquid heating fuels can stand up to carbon taxes, emissions, clean heat standards, electrification and more.

We are excited to announce that Travis Fisher of the Cato Institute will address the industry at Summit VI! Read more >

ATTENDEE REGISTRATION

EXHIBITOR REGISTRATION

SPONSORSHIPS AVAILABLE

NEFI IS PROUD TO ANNOUNCE OUR VISIONS CONFERENCE FOR 2024, FEATURING INDUSTRY SUMMIT VI!

April 30 and May 1, 2024 at Envue hotel in Weehawken New Jersey.

The Visions 2024 conference will feature tabletop exhibitors and high-level education and leadership focused business sessions.

HEAT Show will return in 2025 with a full-size tradeshow floor for exhibit booths and truck spots along with management and technician educational sessions.

For more information, contact Jessica Levaggi at 617-804-2222 or jessica@nefi.com.