11 Jan '12, 5am

Energy - Jan 11: Filed under: Energy News

881 reads Printer-friendly version Published Jan 11 2012 by Energy Bulletin , Archived Jan 11 2012 Energy - Jan 11 by Staff Click on the headline (link) for the full text. Many more articles are available through the Energy Bulletin homepage . Biofuels become a victim of own success - but not for long Damian Carrington, Guardian Biofuels have become a victim of own success, it appears: for the first time in a decade global production has dropped. Production in 2011 dropped a touch from 1.822m barrels a day in 2010 to 1.819m in 2011, according to IEA statistics (p30) highlighted by the Financial Times. The key reason has been the rising cost of the feedstock for most biofuels, corn, sugar and vegetable oil. And the main reason for the rising food prices is, many argue, the huge quantity consumed by biofuels. It's a big business. The global biofuels business would, if a nati...

Full article: http://energybulletin.net/stories/2012-01-11/energy-jan-11

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