Argentine-European Biofuels Trade: Proposals for the Transparent Development of an Industry
by Carlos St. James (Argentine Renewable Energies Chamber) …Argentina, along with the rest of Latin America, is poised to begin capturing more and more of the growing pie that is global renewable energies investment.
…Clearly, the world is coming to the realization that natural resources are most abundant in our region, and we are witnessing investments in the form of ethanol plants, wind farms, solar parks and geothermal facilities, among others. Argentina, with no shortage of abundant natural resources within its 2.8 million square kilometers (1.1 million sq. miles), is poised to receive an increasing share of these investments and to date has already done so in its highly efficient and professional soy oil-based biodiesel industry which have made it the world’s fifth largest biodiesel producer.
…Herein lay the foundations for increased ties between Europe and Argentina, diversifying geopolitical risk away from OPEC by acquiring more biofuels from Latin America while facilitating the sale of European wind, solar and other renewable energy technologies to our region. To date
Argentina has used mostly European technology to build its biodiesel plants, and as our wind, solar, geothermal and biomass sectors now begin to take off, it is fair to say we will need increasing amounts of European technology to develop these as well. READ MORE
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