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The text discusses that diesel can be used without engine modifications, making it a practical alternative fuel. For sectors that are difficult to electrify—such as shipping and aviation—low-carbon hydrogen, ammonia, methanol, and e-fuels are promising options. The report referenced also notes opportunities for oil and gas companies to convert existing refineries to process waste fats, vegetable oils, and other sustainable feedstocks, helping transition toward greener fuels.
Ravindra Puranik from Global Data highlights that because road vehicles, aircraft, and vessels cannot all switch away from liquid and gaseous fuels at the same speed, alternative fuels are a practical way to reduce emissions while ensuring fuel reliability, adequate range, and operational flexibility.
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