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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Although growth is expected to climb steadily through 2016, more robust growth is expected between 2017 and 2021, as a combination of higher oil prices, emerging mandate obligations, availability of new feedstocks, and the scaling up of advanced technologies drive increased investment in the industry. dominance and reach 49.5

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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between 2017 and 2021, as a combination of higher oil prices, emerging mandate. —“Biofuels Markets and Technologies” Disproportionate feedstock access and utilization is expected to lead to increased global trade in biofuels, Pike said, with countries like Brazil emerging as leading suppliers for the world market.

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EIA Estimates 2.1% Growth in Fossil Fuel CO2 Emissions in US in 2010; Still Below 1999-2008 Levels

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The largest source of growth in 2010 is the United States, followed by Brazil, Azerbaijan, and Kazakhstan. US crude oil production averaged 5.32 The forecast has the annual average regular grade retail gasoline price increasing from $2.35 in 2011, primarily because of projected rising crude oil prices.

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