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Last update: 09.07.2011
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Germany pushes ahead with new biofuel policy
Source : reuters.com
The German government said on Tuesday it would hold firm on the phase-in of a high-biofuel petrol despite its widespread unpopularity among motorists, sending shares in biofuel companies higher. The new fuel, called E10 for its 10 percent bioethanol content, has been shunned by motorists over concerns it may cause engine damage, at the risk of setting back Germany's carbon emissions goals. "The policy will remain because it's the right strategy to replace oil but also from an environmental perspective", Economy Minister Rainer Bruederle told a news conference. The government met with representatives of the fuel, auto, environment and consumer industries in Berlin to discuss ways to make the fuel more attractive to consumers.
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11 March 2011 |
Politics ::
Bioethanol ::
Europe
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Articles from March 2011 (215 articles)
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