Eni's (E) Kenyan Subsidiary Secures Funding for Green Transport

Strategic and Environmental Implications The investment aligns with the global push toward decarbonization. Over the past five years, biofuel demand has surged nearly 6% annually, driven by the transport sector's quest for sustainable solutions. Projections indicate that in a net-zero by 2050 scenario, biofuel use in transportation could more than double to 9% by 2030. Although the production of sustainable biofuels is currently more costly than traditional fuels, advancements in technology and increased ca ...