Though automakers are scrambling to roll out hybrid and electric vehicles as fast as they can, BP believes that biofuels are the only way forward--at least for the time being. Olivier Mace, head of strategy, regulatory affairs and communications at BP Biofuels, explained at a London conference yesterday that demand in China and India, two of the fastest-growing markets, would make biofuels at least 12% of the worldwide road transport fuel mix by 2030
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