IEA Raises Global Biofuels Forecast as China Expands Ethanol Support
by Robert Perkins (S&P Global Platts) Expanding Chinese ethanol mandates set to boost output; 2023 biofuel forecast raised by 19.5 billion liters; Renewables to meet 4.6% of road transport fuel demand -- The International Energy Agency has raised its near-term forecast for global biofuels