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US At Top for Biofuel Investment
A recent index by Ernst & Young Global Ltd. concludes that the United States is the No. 1 country for biofuel investment.
The report, issued quarterly, ranks the attractiveness of the top 15 countries for investment in renewable fuels. The number of biodiesel projects under development was one reason the US topped the list this quarter. Legislation also was taken into account.
The report said Germany’s biodiesel industry is struggling, with production plants operating at 50% capacity.
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