Alternative Fuels in China Can Replace up to 483 Billion Gallons of Gasoline in 2020

“While the opportunity for alternative fuels is vast, the opportunities are diverse — ranging from coal-to-ethanol and natural gas vehicles in the near-term to waste-to-liquids in the long term,” said Andrew Soare, Lux Research Senior Analyst and a contributor to the report titled, “Guiding Through the Dynamics of China’s Alternative Fuels Market.”  “Downstream partnerships with major state-owned energy heavyweights are particularly important for penetrating the transportation and fuel distribution network,” he added.