Biofuel Investment in Australia ‘Inadequate,’ Caltex CEO Says
by James Paton (Bloomberg BusinessWeek) Caltex Australia Ltd., the nation’s biggest oil refiner, called for increased government funding to spur biofuels development as part of an effort to curb greenhouse-gas emissions and bolster energy security.
Australia has “inadequate funding” for biofuels, with the government devoting just $15 million to the technology, Julian Segal, chief executive officer of Caltex, said in a speech in Sydney today (July 29, 2010) READ MORE
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