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Thursday, October 18, 2007

Global biodiesel production potential



Biodiesel and Ethanol

Liquid biofuels, renewable fuels derived from biomass, are one of the best positioned fuels to transition away from petroleum in the near-term and have made a recent resurgence in response to rising oil prices.

However, while the technical details of biofuels have been thoroughly studied, there has been less focus on what constitutes a strategic deployment. Further, with an increasing number of countries and regions declaring support for rapid biofuel development, it is crucial to understand the full affects of these petroleum reduction policies.

At SAGE, we are working to determine how much biofuel can be produced today, which countries are most likely to achieve their potential, and to detail the likely impacts from increasing production to achieve the gap between existing potential and policy goals.

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