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Biofuel * UK - Sustainability Questioned
A new report from consulting firm Arthur D. Little is throwing a cold pail of water on the long-term viability of biofuels...
London,UK -FleetOwner (USA) -Jun 20, 2007: -- Roger Hill, head of Arthur D. Little’s global energy practice stressed, “... but long-term survival of the various biofuel options is far from clear, as virtually all are dependent on government support and/or high oil prices”... Despite current government support, Hill said there are uncertainties regarding the long-term sustainability of biofuel technologies and applications, mainly as they are cost competitive only in times of high oil prices... These ambiguities, Hill said, make investors more skeptical about the potential for making long-term profits by investing in biofuels. He stressed that to make the right investment choices potential investors, suppliers and policy makers must have in-depth, independent data covering all aspects of the bio-fuels debate...
Labels: biofuels
posted by Unknown @ 11:10 AM
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