Industry News 
07.28.10
CARBIO FORECASTS ARGENITNA BIODIESEL PRODUCTION TO INCREASE 25% IN 2011
Victor Castro, Executive Director of Carbio, expects Argentina’s domestic biodie...
07.28.10
NEW ARGENTINA BIODIESEL PLANT PROPOSED
Argentina-based ALS Bio plans to build a $10 mln, 60k mt biodiesel plant that wi...
07.28.10
NEW MEXICO BEGINS BIODIESEL MANDATE
New Mexico has this month begun mandating the use of a 5% biodiesel blend by all...
07.14.10
EPA TO REQUIRE 800 MLN GAL BIODIESEL IN 2011
On Monday EPA announced it would require the domestic use of 800 mln gal of biod...
07.14.10
BIOFUEL TAX BREAKS MY BE ATTACHED TO ENERGY BILL
Senators from the US Midwest may attach a long-term extension of biofuel tax bre...
03.26.10
BOTSWANA PLANS JATROPHA BIODIESEL PLANT
Botswana has announced plans to reduce carbon emissions by setting up a 50 milli...
03.26.10
ALBERTA EXPANDS BIOENERGY PROGRAM
Alberta, Canada has expanded and extended an incentive program for bioenergy pro...
03.19.10
CHINA PLANS 1 MIL MT/YR BIODIESEL PLANT
In China, Wuhan Kaidi Holding Investment has announced plans to build a biofuel ...
03.19.10
AIRLINE KLM TO USE BIOFUELS FROM 2011
Dutch airline KLM said it wanted to make commercial flights on biofuel from 2011...
03.19.10
NEW BIODIESEL PLANT PLANNED FOR CANADA
Canada's largest biodiesel plant that will crush 500k mt/yr of canola and supply...
Goldman Sachs Forecasts $105 Bbl Oil in 2008
02.08.08
The commodities chief at Goldman Sachs warns that vulnerable regions of the world face the risk of famine over the next three years if rising energy costs spill over into a food crunch.
Goldman Sachs forecasts that oil will be priced at $105 a barrel by the end of 2008 and warns of a ‘crisis mode’ across the commodity complex in the next 18 to 36 months.
World oil production has been stagnant for four years, failing to keep up with increasing demand from Asia and the Mideast, and biofuels are helping to plug the gap, taking crops away from food production. Land use for biofuels has surged from 12 million ha to more than 80 million worldwide over six years, and while biofuel provides 3% of world energy needs now, this will rise to over 10% by 2030, Goldman says.
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