A British company may have the answer to soaring gasoline prices after it claimed to have become the first to have found a way to make fuel from garbage.

Ineos, the chemicals company, said that it had patented a method of producing fuel from municipal solid waste, agricultural waste and organic commercial waste.

The company claims that it can produce about 100 gallons of ethanol from one ton of dry waste. The new process works by heating the waste to produce gases, then feeding the gases to bacteria, which produce ethanol that can be purified into a fuel.

Ineos plans to sell the environmental product in industrial quantities by the end of 2010. Peter Williams, the chief executive of Ineos Bio, said, “this should mean that, unlike with other biofuels, we won’t have to make the choice between food and fuel.”

Biofuels have been backed by governments as one of the key ways to reduce carbon dioxide emissions.

Click here for more on this story from The Times of London.

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