Biofuels only major way to decarbonize road fuel: BP

02 Mar 11

Biofuels represent the only way to significantly reduce carbon emissions in road transport fuel and are likely to account for at least 12 percent of supply by 2030, an official with oil giant BP said on 2 March. "There is no other alternative that I can really subscribe to in terms of decarbonizing road transport," Olivier Mace, head of strategy, regulatory affairs and communications at BP unit BP Biofuels, told a conference organized by Agra Europe. Mace said that electricity may play a role "one day" and biogas may also be in the mix, but "to get into 10 percent, 20 percent of (global) consumption we believe there is only one game in town today and that is biofuels."
http://www.reuters.com/article/2011/03/02/us-biofuels-bp-idUSTRE7216HX20110302

home