Policies, fuel demand are driving global biofuel growth, report says

04/17/2012 | DomesticFuel.com

Government incentives, environmental policies and rising fuel demand are key to the growth of the global biofuels market, according to a report from GlobalData. Biofuel production worldwide grew from 8.853 billion gallons in 2003 to 27.899 billion gallons in 2011, the report showed.

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