BP launches new biofuel joint venture
![According to BP, suger cane is one of the most CO2-friendly ways of producing bioethanol. This photo shows sugar cane fields at Piracicaba, 150 km northwest of Sao Poulo. | Photo: Alexandre Meneghini / AP / Ritzau Scanpix](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article11512654.ece/ALTERNATES/schema-16_9/20040806-105451-pf-1853x1041we.jpg)
In the future, BP Plc will produce large quantities of biofuel based on Brazilian sugar cane.
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