U.S. to lead global ethanol production to all-time high in 2010

03/29/2010 | TheCuttingEdgeNews.com

Global production of ethanol is expected to reach a record of 85 billion liters this year, a 16% increase from this past year, a gain driven by federal mandates and an energy-friendly U.S. Congress, according to this column. Europe's production will grow modestly, hampered by sustainability concerns, while Africa remains constrained by concerns about transparency in land-lease deals. Oil-industry players have been slow to embrace ethanol, blaming biofuels for rising crude-oil prices instead.

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