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The world's biodiesel potential

The world's biodiesel potential

Two researchers from the University of Wisconsin-Madison (UW-M) have ranked 226 countries according to their potential to make large volumes of biodiesel at low cost. Their evaluation of the world's potential to produce biodiesel shows that Malaysia, Thailand, Colombia, Uruguay and Ghana are the developing nations most likely to attract biodiesel investment for several reasons including agricultural and political factors. The researchers have estimated that 'a grand total of 51 billion liters of biodiesel could be produced annually -- enough to meet roughly 4-5 percent of the world's existing demand for petroleum diesel.'

October 19, 2007 by