Alternative Fuels Update

Source: Opec 5/15/2008, Location: Europe

Europe’s recent biofuel subsidy initiative has resulted in a shortage of food commodities which, in turn, forced the EU to relax its laws and let farmers increase cultivation. This movement not only led to food price increases both in Europe and in Asia but also caused environmental problems.

Due to the hike in food prices, some biodiesel plants, which were believed to be a main driver behind the rise in food price, decided to freeze their production due to the sharp increase in raw materials and a switch to other activities. These developments have pressured the EU to re-analyze its biofuel plans. The EU is not only seeking this path because of the food shortage, but also because of the accusation that biofuel is not as environmentally friendly as was assumed earlier.


United States >>  6/29/2022 - LyondellBasell has signed its first two U.S. power purchase agreements (PPA) supporting the company's climate goal to procure a minimum of 50 percent ...
Kazakhstan >>  6/28/2022 - - Fostering private sector competitiveness and improving connectivity
- Supporting Kazakhstan’s pathway to carbon neutrality
- Promoting eco...


Sweden >>  6/27/2022 - Lundin Energy AB (“Lundin Energy”) announces an update to the guidance for its renewables business, expected to trade under the new name, Orrön Energy...
United Kingdom >>  6/27/2022 - The technology group Wärtsilä will partner with low carbon energy company SSE to deliver a 50 MW / 100 MWh energy storage system in Salisbury, Wiltshi...

South Africa >>  6/23/2022 - Ambri, provider of long-duration energy storage, announced that Earth & Wire, South Africa's independent renewable energy retail brand, placed an orde...
United States >>  6/23/2022 - The U.S. Department of Energy (DOE) issued a $70 million funding opportunity announcement to establish its 7th Clean Energy Manufacturing Innovation I...

Related Categories: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 

Related Articles: Biomass Energy  General  Geothermal Energy  Hydropower  Photovoltaic Solar Energy  Solar thermal Energy  Wind Energy 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.