The US is experiencing the highest level of new investment in biofuels in recent years, making it the fastest expanding market in the world for biologically derived renewable fuel, according to recent..
The US is experiencing the highest level of new investment in biofuels in recent years, making it the fastest expanding market in the world for biologically derived renewable fuel, according to recent data from Ernst & Young (www.ey.com).
Although high food prices threaten to harm the commercial viability of the industry—in what has been dubbed the "food versus fuel" debate—investment for inedible feedstock technologies continues to increase, with the US being the front runner.
The attractiveness of the US for investment in biofuels was given a further boost in August with a US House of Representatives announcement that it plans to provide billions of dollars in tax breaks and
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