Charting the global energy landscape to 2050: Sustainable fuels
Sustainable fuels can provide GHG reductions comparable to battery-electric vehicles and are applicable in multiple sectors, according to McKinsey
Reaching ambitious decarbonisation targets will require multiple decarbonisation measures, including rapid uptake of sustainable fuels. These fuels include biofuels such as hydrotreated vegetable oil (HVO) or bioethanol and synthetic fuels (synfuels) such as ammonia or methanol. They can be used as drop-in fuels in conventional internal combustion engines (ICE). Even though the costs of using sustainable fuels are projected to be higher than alternatives in the long term, the use of 100pc renewable diesel, such as HVO, can achieve comparable lifecycle greenhouse gas (GHG) reduction to the use of electric vehicles (EVs), allowing for faster decarbonisation of existing fleets in the short term
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