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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

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High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

2010 256
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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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growth in the industry over the next decade, Pike expects production volumes to fall short of an estimated 71.8 continue to pour into the industry. Key trends identified in the report include: Oil prices are expected to climb over the next decade, driving increased interest in. growth in the global biofuels industry.

Global 253
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Pike Research forecasts global biofuels market value to double to $185B by 2021

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between 2017 and 2021, as a combination of higher oil prices, emerging mandate. drive increased investment in the industry, the report finds. After healthy growth over the past decade, the global biofuels industry is entering a new era marked by feedstock flexibility, product neutrality, and sustainability, the report notes.

Global 225
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Univ of Washington team working to make poplar coppice viable cheap, high-volume biofuel feedstock

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Our findings are significant for the future biofuel industry, and the ultimate goal is to make poplar coppice biofuel a step closer to the pump. Additionally, other tree parts go to waste when only the trunk is used, making the process more inefficient and wasteful. That’s the problem. Resources.

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Global investment in renewable power reached $270.2B in 2014, ~17% up from 2013; biofuel investment fell 8% to 10-year low

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Additional to China, Brazil ($7.6 Wind, solar, biomass and waste-to-power, geothermal, small hydro and marine power contributed an estimated 9.1% billion, a 10-year low; biomass and waste-to-energy dropping 10% to $8.4 Global investment in renewable power and fuels (excluding large hydro-electric projects) was $270.2

2014 150
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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

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Subsidies that encourage wasteful consumption of fossil fuels jumped to over $400 billion. The 450 Scenario works back from the international goal of limiting the long-term increase in the global mean temperature to two degrees Celsius (2 °C) above pre-industrial levels, in order to trace a plausible pathway to that goal.

Oil 247