Building a sustainable biofuels industry
We are committed to building a sustainable biofuels business that can ultimately make a material contribution to the road transport fuel mix.
Our business in Brazil is part of a global strategy to develop the technologies, feedstocks and processes required to produce sustainable biofuels to meet the growing demand for liquid fuels.
We are also developing advanced biofuels; each with the potential to be sustainable, produced at scale and offer real carbon savings as well as, in time, demonstrate competitiveness with crude oil (factoring in carbon prices) without subsidies.
During the Olympics and Paralympic Games in London in 2012, we trialled cellulosic ethanol, biobutanol and ‘sugar to diesel’. Around 100 of the official Games vehicles ran on these cutting-edge biofuels only available at small scale today, but which have potential to be used worldwide when larger-scale production is achieved.
To encourage larger-scale production while lowering costs, we believe stable government policy and transitional incentives are necessary:
Building a sustainable biofuels industry
We are committed to building a sustainable biofuels business that can ultimately make a material contribution to the road transport fuel mix.
Our business in Brazil is part of a global strategy to develop the technologies, feedstocks and processes required to produce sustainable biofuels to meet the growing demand for liquid fuels.
We are also developing advanced biofuels; each with the potential to be sustainable, produced at scale and offer real carbon savings as well as, in time, demonstrate competitiveness with crude oil (factoring in carbon prices) without subsidies.
During the Olympics and Paralympic Games in London in 2012, we trialled cellulosic ethanol, biobutanol and ‘sugar to diesel’. Around 100 of the official Games vehicles ran on these cutting-edge biofuels only available at small scale today, but which have potential to be used worldwide when larger-scale production is achieved.
To encourage larger-scale production while lowering costs, we believe stable government policy and transitional incentives are necessary:
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