Germany to provide 1.9 B euros for development of biofuels and e-fuels

(Reuters) - The German Transport Ministry is providing 1.9 billion euros ($2.02 billion) for the further development and production of biofuels and e-fuels, Capital magazine reported on Friday citing a senior official.

State Secretary Stefan Schnorr told the business publication that the funding would be disbursed until 2026.

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