Crown Oil invests in biofuels

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Crown Oil has invested in a stock of renewable and sustainable HVO biofuel in a bid to shift demand in the UK’s passenger transport sector from diesel to an alternative with a “vastly reduced environmental impact.”

According to the company, this investment makes it the only UK fuel supplier that can supply the synthetic premium biofuel in any quantity, within the same delivery times as all its other products.

According to the most recent data from the Office of National Statistics, in 2017 the UK consumed the equivalent of 35.21 million tonnes of gas oil and road diesel. For every tonne of fuel used, 2.6 tonnes of CO2 are produced resulting in a total of 95.95 million tonnes of CO2 being released into the atmosphere.

Managing Director, Crown Oil, Matt Greensmith commented: “Our commitment to the environment makes us acutely aware of the impact the fuel industry has on global warming, so we are always looking to reduce our footprint in every way we can. We are still working towards reaching our own in-house goal of net zero emissions, but at the same time, we can help other businesses achieve their targets too.

“We’re aware that the current supply of biofuels cannot sustainably match that of fossil fuels in a large economy such as the United Kingdom. So we call on the Government to look at sufficient incentives for businesses and domestic customers to use biofuels, as aside from environmental concerns, there is little reason to choose renewable fuels. What’s more, if business want their fuel supply to be environmentally friendly, a premium on biofuel price is unavoidable.

“At Crown Oil we believe renewable sources are part of the solution to the current climate crisis, and we want to encourage businesses to switch to this versatile fuel. For that reason we have invested in an industrial-sized supply of HVO fuel, as we expect demand for greener fuels to increase as British businesses become more environmentally conscious and we want to be able to cater to that demand.”