Statement by Environmental Defense President Fred Krupp On New BP-DuPont Biofuels Partnership
“To transform biofuels from a niche additive into a fuel that replaces large quantities of oil, we need major companies like BP and DuPont to join with America’s farmers. For biofuels to realize their full potential, we need a policy that measures fuels in terms of carbon content, and gives low carbon biofuels an edge over fossil fuels. Low carbon biofuels can help us overcome three enormous national challenges: stopping global warming, reducing our dependence on imported oil, and revitalizing our rural economy.
“Today’s announcement from DuPont and BP demonstrates that the biofuels industry has a bright future – and new players are pointing the way forward.”
With more than 3 million members, Environmental Defense Fund creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships to turn solutions into action. edf.org
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