Biofuel Maker Calls for Blending Mandate in Hong Kong
October 30, 2013News article: http://www.scmp.com/business/companies/article/1341490/biofuel-maker-pushes-product-use-market
|
ASB Biodiesel, a producer of biodiesel from used cooking oil in Hong Kong, has renewed its call for the implementation of mandatory biodiesel blending policy in the Chinese city, like what its regional neighbors have done, to jump-start a market for the environment friendly fuel.
Biodiesel is 5 to 10 per cent more expensive than motor vehicle diesel now available in Hong Kong. If Hong Kong fails to implement the needed policy support, ASB Biodiesel will export its output entirely to Europe, where its product would still be profitable. But ASB is still optimistic that it could sell all of its output in Hong Kong in three years as the government steps up efforts to address greenhouse gas emission.
ASB said that biodiesel will make a big difference in reducing greenhouse gas emissions in Hong Kong despite earlier claims by the government that its use had not significantly reduced roadside emissions. Data from the European Union suggested that biodiesel produced from recycled cooking oil emitted at least 85 per cent less greenhouse gases than fossil fuel diesel.
Besides cutting pollution, domestic consumption of biodiesel would also help reduce smuggling of Hong Kong's used cooking oil into the mainland for the production of so-called recycled "gutter" oil, which is known to contain cancer-causing substances.
|
Biotech Updates is a weekly newsletter of ISAAA, a not-for-profit organization. It is distributed for free to over 22,000 subscribers worldwide to inform them about the key developments in biosciences, especially in biotechnology. Your support will help us in our mission to feed the world with knowledge. You can help by donating as little as $10.
-
See more articles:
-
News from Around the World
- Certain Policies Affect the Use of Plant Genetic Resources, Study Reveals
- Africa Rice Congress Ends with Call for Increased Investment, Benefits for Smallholders
- Scientists Studying Pathways that Control Plant Growth
- 2013 WFP Laureate Donates Award to Women Plant Science Scholars
- Malaysians' Attitude to GM Foods and Medicine
- Farmers Need to Use Latest Technologies to Increase Yield
- 60th Anniversary of DNA Structure Discovery Focuses on GM Technology
- Chinese University Holds GM Rice Taste Testing
- ICRISAT Launches Projects to Develop Improved Varieties of Legumes in India
- Report Shows Spain Continues Expansion of GE Corn Plantings
- Study Shows How Plants Tell Time
- Role of Wild Grasses on Initiating Leaf Blotch in Barley Crops Revealed
- EFSA Still Validates Previous Opinions on GM Potato EH92-527-1
- Leeds Scientists Finds Anomaly in Model Plant Arabidopsis
-
Research Highlights
- Dissipation of Cry1Ac and its Toxicity to NT Aquatic Organisms
- Construction of Calibrator Plasmid and Nested PCR Assay for HT Soybeans
-
Beyond Crop Biotech
- Genetics for Saving Coral Reefs from Climate Change
- USDA Discovers Safer FMD Vaccine
-
Announcements
- Plant Genomics Congress
-
Resources
- 40 Chances: Finding Hope in a Hungry World
-
Read the latest: - Biotech Updates (May 2, 2024)
- Gene Editing Supplement (April 24, 2024)
- Gene Drive Supplement (February 22, 2023)
-
Subscribe to BU: - Share
- Tweet