15 Nov 2007 04:11:11
Biofuels could help the fight against climate change
Biofuel could offer a sustainable solution to growing concerns about climate change and energy security, a panel of leading experts have claimed.
The green energy could provide a significant amount of transport fuel in the future, according to Philip New, president of BP Biofuels, who was speaking at the DuPont Applied BioSciences event.
He went on to cite recent technological advances that had made biofuels a plausible alternative source for transport fuels.
Mr New said: "Given the breakthroughs in technology that now seem plausible - biofuels could represent a significant amount of the transport fuel mix in the future."
Vantage Point Venture partner Bernie Bulkin added: "We''ll need to focus on biomass opportunities and how we can produce biofuels from different agricultural feedstocks, but we''re also going to need to look at more sustainable fuel molecules and fuel technologies."
Under government requirements, five per cent of all motorcar fuel must come from renewable sources by 2010.