Monday, August 17, 2009

Study: Biofuels Market Will Triple to $240 Billion In Ten Years


A new study by Pike research sees major growth in biofuels.

Clean Energy.org reports:

"In a positive outlook for the biodiesel industry, Pike Research, a new cleantech analysis firm headquartered in Boulder, Colo., has predicted robust growth over the long-term for the global renewables market. “The study started out as an assessment of technologies in the biofuels industries, but then it grew into a more of a market analysis,” said Robert McDonald, author of the report." See full article.

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