Global Biofuel Output To Soar In Next Decade: Report

07:30 - Thursday 29 May 2008 by Reuters
Source: Tom's Hardware US – Keywords: biofuel, greentech Category : Miscellaneous

 

Global production of biofuels is forecast to rise rapidly in the next decade, helped by high government blending targets, the OECD and the UN’s FAO food agency said in a report published on Thursday. Increased blending mandates should stimulate demand and boost international trade in the initial years of the (2008-2017) outlook," the report said.

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