Biofuel Production Growth Tapering off
(The Philippine Daily Inquirer) Lower energy prices and tempered interest in biofuels have pushed down the growth in the global output of crop-derived fuel, but the Philippines is grouped among countries expected to drive continued expansion.
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Most biofuel production is not profitable at current energy and agricultural prices, is supported through various forms of mandates and trade measures,” the World Bank said.
About 85 percent of global production of biofuels comes mainly from the United States in the form of maize-based ethanol; Brazil as sugarcane-based ethanol, and Europe as edible oil-based biodiesel. READ MORE
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