Ineos Bio, part of the world’s third-largest chemicals company, has this month taken a step closer to making this concept a reality by securing £7.3m ($10.9m) of grants towards its development of Europe’s first waste to bioethanol plant.

“You can’t replace the world’s transport fuels with 100 per cent biofuels but you can make a significant impact now on the carbon footprint and they can be a stepping stone to all the better fuels coming on the back of that,” Paul Thompson, head of policy at the Renewable Energy Association says. These could be substances such as algae, on which the National Industrial Biotechnology Facility in Teesside is working.

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