(EnergyAsia, June 13, Friday) — US agriculture secretary Edward Schafer has defended his country’s biofuel policies amid rising criticism that growing food crops for fuel is causing food shortages around the world. Speaking at a press conference, Mr Schafer said biofuels are needed to combat the high price of crude oil. He said ethanol production…
MARKETS: Bush administration to continue with biofuels policies
Posted on June 12, 2008 by EnergyAsia