Accounting firm to start using chip fat to power new London office

Bloomberg News · Wednesday, May 19, 2010

Drivers of London's iconic black cabs may soon find themselves competing with accountants to obtain an unusual commodity: chip fat. Cabbies in the U.K. capital city, who spend almost £440,000 ($663,000) a day on diesel, are starting to switch to biodiesel, a fuel derived from vegetable oil, to cut costs. Accounting firm PricewaterhouseCoopers is also looking at using biodiesel to power its new London office, due to open next year. PwC is seeking local sources for 45,000 litres of biodiesel to meet one-uarter of its monthly office fuel needs, said Jon Barnes, head of building and facilities services at the firm. "I'm trying to locally source used chip fat from restaurants," he said. "It's a pretty pointless exercise of using biofuel if it's been all round the world on a ship."

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