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  • China's Ethanol Economy 0 comments
    Mar 25, 2014 11:08 AM

    China's net import of petroleum and other fuel exceeded the United States on monthly basis. In order to cop up with the demand, also keeping net import low and lowering the pollution. All these factors are helping ethanol (alcohol based fuels) subsidized china's biofuel manufacturing industry.

    graph of net oil imports for China and the U.S., as explained in the article text

    Source: U.S. Energy Information Administration Short-Term Energy Outlook

    Latest LUX report on biofuel indutry growth over next few years.

    Lux-Research-Biofuels

    Source: Ecoreport (Link : bit.ly/1iVzVMl)

    Coming few years the growth of the Biofuel industry in china will be dominant and continues until they find other alternate energy source.

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