Today in Biofuels Opinion: “Brighter days seen for solar, next-gen biofuels.”

Renewable Fuels Association CEO Bob Dineen: “Helio Castroneves might have finished first [in the Indy 500]. But the real winner of that historic race was Ethanol. Because ethanol burns at a higher compression ratio, the engines resist deterioration. Because it has more energy content than methanol, cars can go further on a gallon of fuel, tanks can be designed smaller, and, because unlike methanol, ethanol burns with a flame, the racing is safer for drivers.”

From the New York Times “Greenwire” blog: “Brighter days seen for solar, next-gen biofuels…Market monitor New Energy Finance on behalf of the U.N. Environment Programme issued a report last week showing that alternative-energy sources attracted more investment than fossil fuels for the first time in 2008, netting $155 billion in net capital inflows against $110 billion of new investment in oil, natural gas and coal. That figure includes money for large- and small-scale hydropower, but more than $100 billion in new funding last year went to biofuels, wind and solar companies globally.”

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