Developing World Sees Wealth in Biofuel Production
source: http://solveclimate.com/blog/20100329/developing-world-sees-wealth-biofuel-production
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- fordlyn
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While the environmental and agricultural downsides of first-generation biofuels are pushing some in the developed world away from their development, the economic allure in poorer countries seems too strong to ignore.
In Angola, a country still recovering from a 27-year-long civil war that ended in 2002, the government will begin regulating biofuel production in hopes of attracting billions of dollars in investments from abroad. Large sugarcane plantations for use in ethanol have already sprouted up, and the country hopes foreign companies will now invest heavily in such projects.
As is often the case with first-generation biofuel crops, there is concern that focusing on ethanol production will push out food crops, though. Angola already imports most of its food. ...
http://solveclimate.com/blog/20100329/developing-world-sees-wealth-biofuel-produ...
In Angola, a country still recovering from a 27-year-long civil war that ended in 2002, the government will begin regulating biofuel production in hopes of attracting billions of dollars in investments from abroad. Large sugarcane plantations for use in ethanol have already sprouted up, and the country hopes foreign companies will now invest heavily in such projects.
As is often the case with first-generation biofuel crops, there is concern that focusing on ethanol production will push out food crops, though. Angola already imports most of its food. ...
http://solveclimate.com/blog/20100329/developing-world-sees-wealth-biofuel-produ...
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- groups:
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- tags:
- Climate Change, Africa, Energy, Poverty, 6 more
