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Biodiesel in India - The Underlying Reality
GlobalData , July 2008, Pages: 26
Biodiesel in India - The Underlying Reality
Summary
In the backdrop of surging oil prices and growing emissions, expanded use of alternative sources of energy has become the need of the hour. Governments worldwide are making attempts to ensure an increased share of alternate energy sources. Development of biofuels for transportation like ethanol and biodiesel is a recent phenomenon. However, in the current scenario, biodiesel has been accepted as a very effective clean alternative fuel by most of the developed and developing countries. Countries like the US, France, Germany, Italy, Malaysia, Czechoslovakia, Austria and other European and Asian countries have already put a major thrust on production of biofuels. Fuel tax exemptions and/or production subsidies have become important biofuels policies in more than a dozen countries. Mandates for blending biofuels into vehicle fuels have been enacted in at least 36 states/provinces across the US and 17 countries worldwide at the national level. Most mandates require blending 10-15% ethanol with gasoline or blending 2-5% biodiesel with diesel fuel.
Scope
- Our viewpoints cover the latest events or important trends in the Alternative Energy industry and provide our in-depth analysis of issues and challenges. Viewpoints offer expert opinions and GlobalDatas views of various developments that have been taking place in the renewable energy sector across the world.
Reasons to buy
- Develop business strategies with the help of specific insights on the key events happening in the renewable energy industry. - Gain a strong understanding of the renewable energy market and analyze the major trends in the global renewable energy industry today. - Identify opportunities and challenges with the help of our analysis of the latest news and deals in the renewable energy industry. - Increase future revenue and profitability with the help of information on latest operational, financial, and regulatory events taking place in the world of renewables.
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