BP Announces Plans To Run With Cleaner Biofuels

British Petroleum (BP) has announced plans to bring cellulosic ethanol to market in the U.S., through a partnership with bio-fuel developer Verenium, a company that makes biofuels from rice straw, sugarcane stalks, switchgrass and wood chips. The partnership could help speed the availability of lower cost, more environmentally friendly biofuels, according to an announcement by both companies this week.