The Truth About Biofuels: a fashion or trend?

Resursy29-07-2008 The Truth About Biofuels: a fashion or trend? World prices for "black gold" does not get tired of beating records, followed by a growing "fashion" for biofuels. Virtually all countries move towards mass production of fuel from agricultural products. Will biofuels push the usual petrol, rising in price rapidly? How will the economy of the spread of biofuels? Until 2020, the EU plans to replace more than 20% of the volume produced from petroleum motor fuels with alternative sources of energy, particularly biofuels, natural gas and hydrogen. While the EU bio-fuel for vehicles less than 0,5%, but 12 years is going to increase this share to 8%. The U.S. has more features, and they may raise stake to 30%. Brazil already uses 40% of biofuels for cars. In Russia the market end-user of biofuels has not yet emerged, and has more local character, as enterprises use their own waste to reduce the cost of their energy consumption. The lion's share of biofuels produced in Russia comes to foreign markets at prices that are several times higher than inside Russia, said Andrei Sokolov, managing director of GC "The Power".