Middle East Economic Survey
VOL. XLVII
No 25
21-June-2004
SUPPLY/DEMAND
Biofuels Can Replace Substantial Amount Of Petroleum In Transport, Says IEA
Biofuels have the potential to displace a substantial amount of petroleum used in transportation over the next few decades, and a clear trend in that direction has begun, according to the International Energy Agency (IEA). In the book Biofuels For Transport: An International Perspective, published in May, the IEA said: Compared to petroleum, the use of...
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