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Full publication: PDF (92 pages), XLS (95 tables) - Reports - Shell

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38 <strong>Shell</strong> Investors’ Handbook<br />

Alternative energy<br />

ALTERNATIVE<br />

ENERGY<br />

BIOFUELS<br />

The international market for biofuels is<br />

growing, driven largely by the introduction<br />

of new energy policies in Europe and the<br />

USA that call for more renewable, lowercarbon<br />

fuels for transport. Today, biofuels<br />

make up around 3% of the global road<br />

transport fuel mix. This could rise to 9% by<br />

2030. Sustainable biofuels are expected<br />

to play an increasingly important role in<br />

helping to meet customers’ fuel needs and<br />

reduce CO 2 emissions.<br />

<strong>Shell</strong> has a 30-year history of biofuel<br />

development and investment. Producing,<br />

buying, trading, storing, blending and<br />

distributing biofuels are now part of<br />

our usual business. We believe we are<br />

one of the world’s largest distributors of<br />

biofuels, and we continue to build capacity<br />

in conventional biofuels that meet our<br />

corporate and social responsibility criteria.

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