GERMANY: DaimlerChrysler promises to promote biofuels
DaimlerChrysler on Thursday pledged to help promote the use of biofuels by developing engines that can run on higher mixtures of the alternative energy sources.
"DaimlerChrysler is committed to creating the technologies that will ensure vehicles can run on fuels with up to 10% admixtures of biodiesel or bioethanol," the car maker said after meetings with the United Nations Environment Programme (UNEP), according to a Reuters report.
"Until now, it has been possible to fill up with fuels with a 5% admixture content," it said in a statement.
Reuters said DC also promised to work with other car makers and oil companies to lobby for adjusting fuel standards and creating incentives to promote biofuels.
Reuters noted that biofuels based on such common commodities as rapeseed oil and sugar cane are growing in popularity in Europe as countries try to cut greenhouse gas emissions and crude oil import bills.
The European Union has set a non-binding target of 5.75% biofuel content by 2010, the report added.