Keywords: fuel tax revenue, microfluidics, nanotagging, nanotechnologies, smuggling
In some parts of the world, the tax revenue from fuels is a big incentive for criminal syndicates to smuggle fuel and launder markers that are used to designate low tax fuels. These activities cost governments billions of dollars a year and lead to destabilization. The increasing costs of fuel in the future will only exacerbate this problem and make fuel smuggling and laundering more profitable for criminals. This talk will focus on the use of nanotechnology, particularly microfluidics, to combat fuel smuggling. By employing a micro-fluidic-based solution, a government can increase stabilization and demonstrate good governance which helps attract additional investment into that country. The talk will focus on three areas: • Fuel fraud – the size of the problem • Use of nanotechnologies in fuel • Case studies of the savings associated with Authentix Nano-tagging programs
Journal: TechConnect Briefs
Volume: Technical Proceedings of the 2007 Clean Technology Conference and Trade Show
Published: May 20, 2007
Pages: 60 - 62
Industry sectors: Advanced Materials & Manufacturing | Energy & Sustainability
Topic: Energy Storage
ISBN: 1-4200-6382-0