The downstream oil sector - the supplier of 96% of the UK’s transport fuels – said it was committed to working with the UK Government to decarbonise the transport system following the release of the Transport Decarbonisation Plan (TDP).
The announced changes to the Renewable Transport Fuels Obligation (RTFO), will see a steady increase in renewable fuel content blended in fuels throughout the 2020s, which UK Petroleum Industry Association (UKPIA) supports.
The UKPIA represents eight oil refining and marketing companies that operate the six major oil refineries in the UK and source over 85% of the transport fuels used.
It also welcomed the announcement by Department for Transport to develop a strategy for low carbon fuels.
Low carbon fuels can reduce emissions with today’s vehicle fleet, making efficient use of the strong existing infrastructure in the supply chain, while infrastructure for EVs and hydrogen vehicles is developed.
UKPIA Director-General Stephen Marcos Jones said: “UKPIA member companies are already developing and retailing products vital to reaching Net-Zero in transport. Whether it be the millions of litres of biofuels supplied, equivalent to removing 2.5 million cars’ emissions per year, producing graphite for electric vehicle (EV) battery production, or the development of sustainable aviation fuels – the downstream sector is already contributing to lowering transport emissions.”
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