June 2008

Trends and Resources

HP Impact: Study: Land availability won't restrict biofuels supply—demand will

A new study finds that—contrary to consensus—global land usage is not going to constrain the supply of biofuels, but economic and technological issues will. In a new study, Wood Mackenzie f..

Weirauch, Wendy, Hydrocarbon Processing Staff

A new study finds that—contrary to consensus—global land usage is not going to constrain the supply of biofuels, but economic and technological issues will. In a new study, Wood Mackenzie forecasts a lower demand for biofuels across the globe than is projected by other industry studies. "Taking into consideration the expansion of land use for agricultural purposes in traditional agricultural countries, our bottom-up analysis finds no significant land constraints to meeting our projected biofuels demand," according to Alan Gelder, vice president of downstream oil for Wood Mackenzie. "The high cost of biofuels production—due to the price of feedstocks—is, however, a si

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