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.”
One of the world’s leading international nonprofit organizations, Environmental Defense Fund (edf.org) creates transformational solutions to the most serious environmental problems. To do so, EDF links science, economics, law, and innovative private-sector partnerships. With more than 3 million members and offices in the United States, China, Mexico, Indonesia and the European Union, EDF’s scientists, economists, attorneys and policy experts are working in 28 countries to turn our solutions into action. Connect with us on Twitter @EnvDefenseFund
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