Market News 
07.28.10
Palm oil futures dropped Wednesday after crude oil fell for a second day on risi...
07.28.10
BILL INTRODUCED TO EXTEND ETHANOL TAX CREDITS
A draft bill released by the chairman of the US House of Representatives' tax-wr...
07.28.10
BP REPORTEDLY SEEKING TO SELL ASSETS TO PAY FOR OIL SPILL DAMAGES
A day after BP said it would sell $30 bln in assets to pay for its Gulf of Mexic...
07.14.10
PALM OIL EXTENDS GAINS WEDNESDAY
Palm oil advanced Wednesday extending gains after shipments from Malaysia climbe...
07.14.10
MAJORITY SPANISH BIODIESEL PLANTS OPERATING UNDER 10% CAPACITY
Spanish Renewable Energy Association APPA stated that 75% of the 46 domestic bio...
07.14.10
ITALY BIODIESEL OUTPUT MAY PLUNGE 60-70%
Biodiesel output in Italy may plunge 60-70% this year after falling 50% in the f...
03.26.10
MALAYSIA BIODIESEL MANDATE WILL MARGINALLY IMPACT CPO DEMAND
The impact of Malaysia's biodiesel mandate on palm oil demand for 2011 will be n...
03.26.10
EU COMMISSION REPORT: INDIRECT LAND USE CHANGE IMPACTS BIOFUELS SUSTAINABILITY
Going beyond a 5.6% biofuel blend in transport fuel could impact the environment...
03.26.10
INDONESIA TO RAISE CPO EXPORT TAX
Due to rising global palm oil prices, Indonesia will raise its export tax on cru...
03.26.10
FRANCE SCRAPS CARBON EMISSIONS TAX
The French government has scrapped its plan for a carbon emissions tax. The...
Exxon See Growth in Alternative Energy
11.06.07
In a report that predicts steady growth in petroleum demand in the decades to come, Exxon Mobile also see rapid growth in alternatives fuel.
While petroleum oil is forecast to grow an average of 1.3% annually, alternative sources of energy such as wind, solar, and biofuel will grow by 9% per year, according to the oil giant.
Exxon says carbon dioxide emissions will rise at 2% a year, driven mainly by developing nations' heavy reliance on coal. This would push carbon dioxide emissions to about 37 billion metric tons a year from 27 billion tons in 2005.
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