Ethanol Demand Fuels BP, Bunge Merger as Globe Seeks Cleaner Power
U.K. energy company BP Plc and U.S. agricultural trader Bunge Ltd. are combining their sugar and ethanol assets in Brazil, a merger that will boost BP’s supply of more environmentally-friendly fuels as the globe seeks to cut carbon dioxide emissions. Burning ethanol releases 39% fewer greenhouse gases than gasoline, the U.S. Agriculture Department said in […]