BP to showcase biofuel, offer biomass carbon offsets at Olympics
The 2012 Olympics kick off on July 27, and BP is providing attendees with its vision for “Fueling the Future.” As the official oil and gas partner of London 2012, BP is providing advanced fuels and lubricants for the official fleet of more than 5,000 vehicles at the games.
As part of the sponsorship, three of the company's advanced biofuels will be demonstrated in approximately 100 fleet vehicles at the 2012 Olympics. “These breakthrough technologies will redefine biofuels,” said Phillip New, CEO of BP Biofuels. “By incorporating them in the fuels for London 2012 we have taken the next generation of biofuels from the laboratory to the road.”
The three fuels include:
- - Cellulosic ethanol produced from purpose-grown energy grasses
- - Renewable diesel manufactured from sugar feedstocks
- - Biobutanol produced using sugar feedstock at the Butamax joint venture demonstration plant constructed by BP and DuPont in the U.K.
BP said it believes that biofuels have a real part to play in meeting the energy demands of the future. While biofuels only make up 3 percent of the global transportation fuel market today, BP estimates they could account for 7 percent of all transportation fuels by 2030.
BP’s Target Neutral London 2012 program is also helping to offset the carbon footprint of ticketholders, athletes and Olympic Partners traveling to the games.
As the London 2012 official Carbon Offset Partner, BP Target Neutral will be providing the administration and funds to offset the carbon emissions from Games-related travel of ticketholders. The more people that sign up, the more Target Neutral can support low carbon development projects worldwide.
According to BP, carbon emissions will be offset from a portfolio of six carbon offset projects that have been chosen to represent each continental region participating in the games. They include:
- - The Tongcheng Kaidi Biomass Power Project in China
- - The Ankara Landfill Gas to Energy Project in Turkey
- - Methane Capture at Holsum Dairies in Wisconsin
- - Rio Ceramics Biomass Project in Brazil
- - Wind Farms in New Caledonia
- - The Meru and Nanyuki Community Reforestation Project in Kenya
“Sustainability underpins all of our plans—and has done since the bid,” said Seb Coe, London 2012 chairman. “BP’s Target Neutral scheme is a fantastic opportunity for millions to offset their carbon footprint and help London 2012 to inspire positive social, economic and environmental change for the future.”