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France Presents a Greener Renewable Fuel

The French Union of Petroleum Industries (UFIP) announced that from Wednesday 1 April, the French vehicles may use a new fuel called SP95-E10, which has a 10% ethanol.

The percentage of ethanol fuel is presented in this double the enclosed by traditional unleaded gasoline fuel sold in the territory of Gaul. Thus, France and meets the target set by the European Union for 2020 indicates that 10% of the energy used in transport must be renewable.

It should be noted that ethanol is a renewable fuel is produced from sugar cane or grain.

The French government has decided that the SP95-E10 is a fuel partly exempt from certain taxes, in order that its price is accessible to all Frenchmen. However, it is noteworthy that only 60% of cars on the streets French are trained to use this fuel.

Moreover, the French government has announced that those distributors not to sell 7% of renewable fuels will be punished by a tax on polluting activities.

It is estimated that about 75% of French gas stations market the SP95-E10 by the end of the year. 90% of deposits of the Leclerc supermarket chain, for example, have fuel in April, as reports The Economist.

The SP95-E10 will have a retail price of between 1.13 and 1.15 euros, which will be cheaper than other unleaded fuels.

5.07.2010