European Transport Could Be Petroleum-Free by 2050
Brussels - Transport in the European Union could be free of the need to use oil as its basic fuel by 2050 if governments and business invest enough in alternative sources now, a major panel of industry and environmental experts said Tuesday.
The EU sees itself as a world leader in climate-friendly policies and is keen to wean itself from an increasing dependence on imported oil. But it has not yet agreed on how to deploy alternatives to oil on a sufficient scale to meet either objective.
'Alternative fuels have the potential to gradually replace fossil energy sources and make transport sustainable by 2050,' the European Commission, which ordered the report, said in a summary of its findings.
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