Shell set to ink Brazilian biofuel megadeal

Shell set to ink Brazilian biofuel megadeal
BusinessGreen.com staff, BusinessGreen , Monday 16 August 2010 at 13:56:00 Oil giant close to finalising launch of $12bn ethanol joint venture Shell is poised to complete a multibillion-dollar deal with Brazilian ethanol producer Cosan, instantly establishing the company as a major player in the fast-expanding biofuel market. Cosan’s chief executive Marcos Lutz told analysts and investors late …

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Biofuels are the only way to go in the future, because all the other technologies except electric cars are to expensive. the only good thing i see with rising oil prices is that it will help investments in biofuels.

Cleantech Venture Investment Tops $2.5B in 1Q11
Clean technology venture investments in 1Q11 in North America, Europe, China and India totaled $2.57 billion across 159 companies, according to preliminary figures released by the Cleantech Group.

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Algae biofuels sound the best as I’m concerned, because they dont take up growable land, I read somewhere that it would need algae farms to cover the state of New Mexico and that would be enough to fuel the whole country.

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