17 Mar 2010 03:03:05
Carbon Trust supports development of green biofuel
A consortium of businesses has received an investment of £7 million from the Carbon Trust to develop biofuel for use by the transport industry.
The group, which is being led by Axion Energy, will work towards converting wood and municipal waste into sustainable fuel.
Using a process called pyrolysis, researchers will aim to produce greener and cleaner fuel that can be used by the transport sector alongside fossil fuels.
Carbon Trust chief executive Tom Delay said that the new substance would help reduce transport emissions and would have a vital role to play in the UK's low carbon plans.
"In just a few years pyrolysis could change the way in which we produce biofuels and by 2020 be a commercially viable option," he added.
"Within a decade we could see a network of mini-biofuel refineries sited near landfill sites and other waste sources across Britain."
The first pyrolysis plant, which will operate on a pilot basis, is set to be launched by 2014.http://tinyurl.com/yahmavg