Pike Research forecasts global biofuels market to double by 2012 to $185.3B
Green Car Congress
FEBRUARY 17, 2012
Although growth is expected to climb steadily through 2016, more robust growth is expected between 2017 and 2021, as a combination of higher oil prices, emerging mandate obligations, availability of new feedstocks, and the scaling up of advanced technologies drive increased investment in the industry. parity with petroleum-based fuels.
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