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November 20, 2008 | Jim Lane | Comments 0

Today in Biofuels Opinion: “It seems the rich want the poor nations, where everything is cheap, to supply their biofuel demands.”

President George W. Bush, at the Department of Transportation: “By dramatically boosting our output of clean-burning biodiesel and ethanol, providing tax credits for the purchase of low-emission hybrid vehicles, and investing in technologies like advanced batteries and hydrogen fuel cells, the department can be proud of the ways in which we have made America’s transportation system safer, cleaner, and more effective.”

Geena Paul, in Commodity On Line: “All over Africa, western companies are pushing to acquire large stretches of land to meet the world’s bio-fuel needs. Sun Biofuels of the UK has already got 9,000 hectares from the Tanzanian government for a period of 99 years to for cultivating bio-fuel plants. In return, the company will build roads, schools and other infrastructure in the African country at an investment of $20 million.  Some other half a dozen companies from the Netherlands, the US, Sweden, Japan, Canada and Germany are also looking at similar projects in Tanzania. Namibia Malawi, Zambia, Ethiopia and Mozambique are among other countries the Western companies are eyeing. It seems the rich want the poor nations, where everything is cheap, to supply their bio-fuel demands.”

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