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T&E: ‘European oil majors invest 8 times more in biofuels than in (green) hydrogen’
“European oil refiners are favoring unsustainable fuels over green hydrogen,” says Transport & Environment /T&E
According to the NGO Transport & Environment, the ‘big bet’ of Europe’s major oil companies on hydrogen as the transport fuel for the future is not so big in reality. A new study on behalf of T&E shows that investments in biofuel refining are eight times bigger. T&E accuses oil producers of not being serious
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