Industry Summits
New technology crucial to lift biofuels potential
AMSTERDAM (Reuters) - Developing new technologies to make biofuels cheaper, cleaner and reduce competition with food production is crucial in turning the "green" fuels into a viable alternative to crude oil. Full Article
EU biofuel targets draw imports, food crops safe
BRUSSELS (Reuters) - Europe's ambitious targets to encourage greater use of biofuels are unlikely to spark a battle for raw materials between the food and fuel sectors but should attract far more imports and probably frustrate local producers. Full Article
Ethanol use has environmental downsides
SAO PAULO (Reuters) - Biofuels have the potential to lessen the impact of human civilization on the environment, but even the greenest of renewable fuels production is not without its dirty underbelly, experts said. Full Article
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U.S. lawmakers back ethanol on Capitol Hill
WASHINGTON (Reuters) - It is harder to find a lawmaker who isn't singing the praises of fuels blended from home-grown corn and other renewable sources despite many divisions in the U.S. Congress over how to deal with the U.S. energy supply crunch. Full Article
Taxpayer support crucial for biofuel growth
NEW YORK (Reuters) - If the 20th century brought global dependency on oil extracted from deserts and seabeds, this could be the century of renewable fuels refined from sugar, corn, soybeans and prairie grass. Full Article
Food or fuel? The world can have both
SINGAPORE (Reuters) - Surging demand for vegetable oils and grains from the emerging biofuel sector is unlikely to create shortages for the food industry but may take a toll on demand as prices go through the roof. Full Article
Consumers insulated from high corn prices
CHICAGO (Reuters) - U.S. consumers should see very little rise in their grocery bills, even as corn futures have reached 10-year highs on increased demand for grain from green-fuel refiners, the head of Informa Economics said on Wednesday. Full Article
Brazil ethanol production could be more efficient
SAO PAULO (Reuters) - Brazil is already the world's most efficient ethanol producer but could still greatly improve productivity by using state-of-the-art technology, a leading equipment supplier said on Wednesday. Full Article
Brazil's Unica-protection stunts biofuel market
SAO PAULO (Reuters) - A leader in Brazil's ethanol industry said on Wednesday that the world's top producers of biofuels needed to begin working together toward the common goal of replacing petroleum-based transport fuels. Full Article
Informa sees big crop hitting corn price
CHICAGO (Reuters) - The price of corn futures on the Chicago Board of Trade could fall below $3 per bushel by year's end, if U.S. farmers plant a significantly larger crop and the summer weather cooperates, the head of Informa Economics said on Wednesday. Full Article
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