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August 29, 2008 | Jim Lane | Comments 0

59 percent of biofuel execs believe US mandates will be repealed or reduced, survey finds

A survey of bioenergy executives by Climate Change Business Journal found that 59% of respondents believe biofuels mandates will be repealed or adjusted downward in the United States, and 56% in Europe, 60% think cellulosic ethanol will become more cost effective for production than corn or sugarcane between 2012 and 2018, while 20% say “never”.

The survey also found that a majority believe that alternative biodiesel feedstocks to soy, including jatropha, palm and algae will provide less than 10% of biodiesel production by 2020. The survey was produced for the subscription-based CCBJ for their recent issue focusing on bioenergy.

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