Industry News

05.09.08

India Bans Futures Trading of Four Commodities

Late yesterday, commodity markets regulator, Forward Market Commission, banned I...

05.08.08

Germany to Sign Biofuel Pact With Brazil

Germany’s Environment Minister returned from a visit to Brazil saying his countr...

05.07.08

2007 Renewable Energy Investments Reach $100 Billion

High oil prices and an array of government incentives are leading to soaring rat...

05.06.08

Biodiesel Extracted From Wild Sesame Tree

Vietnamese scientists have managed to extract biodiesel from the seeds of wild s...

05.05.08

Firm Invests $500 Million in Green Technology

Venture capital firm Kleiner Perkins Caufield and Byers has raised $500 million ...

05.02.08

$2.2 Billion Canadian Biofuel Bill Expected to Pass

Canada's $2.2 billion biofuel package now before the House of Commons is expecte...

05.01.08

President Bush Reiterates Support For Biofuels

During a Rose Garden news conference on the economy, US President George W. Bush...

04.30.08

Tyson Foods Urges End To US Ethanol Traiffs

Dick Bond, President and Chief Executive of Tyson Foods said that Congress shoul...

04.29.08

Merrill Lynch Sees Biofuels Growth

In a new report on biofuels, Merrill Lynch is upbeat, saying biofuels are set to...

04.28.08

Q1 2008 Biofuels Investment Reaches $360 Million

Venture capital investment in crop-based biofuels reached $360 million worldwide...

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India Bans Futures Trading of Four Commodities

05.09.08

Late yesterday, commodity markets regulator, Forward Market Commission, banned Indian futures trade in soyoil, rubber, potato and chana for at least four months to curb speculative trade, which has pushed up prices and is feeding inflationary pressure.

Kirit Parekh, a member of India’s top economic think tank said, "The move signals the regulator's attempt to negate the impact of unjustified, speculative prices. The impact of the ban will be felt within a month. Since the ban is now for four months, we think it would be ample time for prices to cool off."