Read the full post at Biopact.
A few years ago, energy experts would have laughed if you said biofuels were going to attract massive investments and even impact OPEC decisions. Today, there is no longer a doubt that this is happening.
Fuad Siala, alternative energy sources analyst at the Organization of the Petroleum Exporting Countries, said at the World Refining & Fuels Conference organised by Hart energy conferences in Brussels yesterday that increased use of biofuels and other measures that steer consumers away from oil could prompt OPEC to rethink its investment plans.