Industry News 
08.13.08
Argentina Biodiesel Output Jumps in 2008
Argentina is on track to produce 6% of the world's biodiesel output, Dow Jones r...
08.12.08
New Zealand Invests $539 Million in Alternative Fuels Research
New Zealand's Foundation for Research, Science and Technology (FRST) has recentl...
08.11.08
EU Renewable Fuels Agency Reports on RTFO
The European Renewable Fuels Agency (RFA) published its first monthly report on ...
08.08.08
The US Environmental Protection Agency has denied a request by Texas Governor Ri...
08.07.08
China Expects Higher Grain Harvest
The China National Grain and Oils Information Centre (CNGOIC) has raised its for...
08.06.08
Campa Investors To Lose 15 Million Euros
Die Welt reports that investors are expected to lose a minimum of 15 million eur...
08.05.08
US Amusement Parks Using Renewable Energy
US amusement parks are increasingly using renewable energy. Hershey Park has a ...
08.04.08
Palm Tree Oil Provides Electricity in Amazon
Oil from native tucuma, ouricurí and murumurú palm trees will be used to provide...
08.01.08
South Korea Introduces Energy Plan
South Korea has introduced “Energy Security Initiative 2030” that aims to increa...
07.31.08
The Spanish government has announced an energy saving and efficiency plan for 20...
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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