IEA: World biofuel production must double by end of decade

04/22/2013 |

Global biofuel production capacity must more than double by 2020 in order to hit production targets, according to a report by the International Energy Agency. Production levels were flat in 2012 due to a rise in feedstock prices, according to the report. "Despite much talk by world leaders, and despite a boom in renewable energy over the last decade, the average unit of energy produced today is basically as dirty as it was 20 years ago," said IEA Executive Director Maria van der Hoeven.

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