Archive for August 6th, 2008|Daily archive page

EL Mercado de los Biocombustibles crece 1000%

hanks to a new miraculous feat of engineering and science, this energy source has suddenly become competitive with oil, catapulting it from a backyard business into a global economic phenomenon.

The fact is that major governments from the world over have practically guaranteed this revolution by writing it into law. The U.S., the E.U., Japan and China have all passed statutes mandating that bio-fuel be increasingly used to replace crude oil products in order to reduce emissions and to reduce dependence on foreign crude.

While little has been done during the current administration and previous ones, the volatility of the oil markets today has resulted in politicians finally giving more than lip service to alternative energy sources.