British Petroleum has acquired a 30% stake in British hydrogenated vegetable oil producer Green Biofuels. The fuel giant intends to completely replace diesel fuel with biodiesel based on various organic oils.
This is reported by RBC-Ukraine Auto with reference to the press service of the company.
Thus, the fuel giant is aiming to eliminate the use of petroleum products as much as possible, and replace traditional diesel fuel with more environmentally friendly alternatives. Green Biofuels has produced over 55 million liters of biodiesel in the last two years. The company uses animal and vegetable oils as raw materials: from sunflower and rapeseed oil to pork and beef fat.
The biofuel that is supposed to replace diesel releases less carbon when burned than conventional fossil fuels. BP is confident that in the coming years they will be able to completely switch construction, cargo and marine equipment in large European cities from petroleum products to biofuels.
In many European countries, gasoline and diesel fuel have been containing a certain percentage of biofuels for several years. E10 gasoline contains 10% ethanol, while the more expensive E5 gasoline contains 5% ethanol. B7 fuel contains 7% biodiesel. BP also noted that biofuels can reduce greenhouse gas emissions by 87%, particulate matter by 85% and NOx by 30%.