Monday, June 6, 2011

Biofuels Future That U.S. Covets Takes Shape — in Brazil

Oil is one of the world's cheapest commodities. Even if diesel biofuels are more efficiently created, they will be pressed to compete on an even playing field, given the costs of agriculture, said Harvey Blanch, the chief scientific officer at the Energy Department's Joint BioEnergy Institute (JBEI). The institute, which shares a building with Amyris in Emeryville, is a leader in biofuel research. "When you come down to look at all of the economics of this, of course, then you realize where the issues really are," Blanch said. "Basically, it's the price of the sugar. Nothing else matters. The science, whatever -- doesn't matter." More>