24 February 2011 13:58 [Source: ICIS news]
LONDON (ICIS)--A combination of high-quality lubricants and second-generation biofuels can help original engine manufacturers (OEMs) reduce greenhouse gas emissions from their products, an official with Neste Oil said on Thursday.
The combination would reduce greenhouse gas emissions from vehicle engines and lessen the future tax burden on OEMs, said Neste Oil’s Matti Lehmus, executive vice president of oil products and renewable fuels.
Lehmus was speaking at the 15th ICIS World Base Oils & Lubricants Conference in ?xml:namespace>
EU legislation will require OEMs to significantly reduce CO2 emissions from their vehicles by 2015 or face penalties.
If the current level of CO2 emissions from vehicles were still present in 2015, OEMs would face around €30bn ($41bn) in fines, according to Lehmus.
Using hydrotreated vegetable oils to meet the bio-mandates prevalent in Europe and
He added that emissions can be reduced by 10% for nitrogen oxide, by 30% for particulates and more than 50% for greenhouse gases.
Using high-quality Group III base oils to blend engine oils also reduces greenhouse gas emissions, he said.
“Together, both components can help create cleaner traffic,” Lehmus said.
This year’s ICIS World Base Oils & Lubricants Conference runs from 24-25 February.
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