Pike Research forecasts global biofuels market to double by 2012 to $185.3B
Green Car Congress
FEBRUARY 17, 2012
the global gasoline market will reach an estimated 375 billion gallons per year (BGPY) in 2021, while demand for diesel in ground transportation markets will reach at least 427 BGPY. Governments are expected to retreat from stimulus investment highs, shifting financing. A doubling of current biofuels production (an estimated 29.4
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