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Global Biofuel Demand Set to Grow by Nearly 70% as Food Prices Rise

High biofuels targets will exacerbate rising global food prices, as well as fertilisers shortages. The current scramble for biofuel feedstocks to combat high oil prices could see biofuel consumption globally rise by 30% this year and a staggering 70% by 2030, a new T&E study shows. This risks putting severe pressure on ... [continued]

The post Global Biofuel Demand Set to Grow by Nearly 70% as Food Prices Rise appeared first on CleanTechnica.

You are here: Home / News / Global Biofuel Demand Set to Grow by Nearly 70% as Food Prices Rise

High biofuels targets will exacerbate rising global food prices, as well as fertilisers shortages. The current scramble for biofuel feedstocks to combat high oil prices could see biofuel consumption globally rise by 30% this year and a staggering 70% by 2030, a new T&E study shows. This risks putting severe pressure on … [continued]

The post Global Biofuel Demand Set to Grow by Nearly 70% as Food Prices Rise appeared first on CleanTechnica.

Source: Clean Technica

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