AVELLANEDA, Argentina, Oct 18 (Reuters) - Argentine biodiesel production will nearly triple by 2015 to 7 million tonnes per year, an executive at one of the country's leading agro-industrial companies told Reuters on Tuesday.
Argentina is one of the world's biggest exporters of biodiesel, producing the fuel from ample supplies of soybean oil, and production has skyrocketed in recent years.
MCCAIN MEASURE WOULD STOP AID FOR US ETHANOL PUMPS
WASHINGTON, Oct 18 (Reuters) - U.S. Senator John McCain offered an amendment on Tuesday to an agriculture bill that would prevent the government from subsidizing new service station pumps that would boost the sale of ethanol for motor vehicles.
McCain's amendment would prevent the federal government from funding so-called "blenders' pumps" in the 2012 agriculture appropriations bill, which could be voted on as soon as later on Tuesday.
BIOFUELS GROWTH STIFLED BY EU POLICY DELAYS -BP
LONDON, Oct 18 (Reuters) - Biofuels for use in transport are becoming more competitive compared with oil but the pace of growth has slowed due to a lack of regulation and sustainability standards in Europe, the chief executive of BP's biofuels division said.
"In the UK, biofuels get no tax breaks whatsoever. The biggest obstacle (to biofuel growth) is uncertainty around the future of mandates and clear (European Union) sustainability standards," Philip New of BP Biofuels told Reuters in an interview on Tuesday.
BOOMING ETHANOL BIZ ALTERS CORN USE PATTERNS-USDA
CHICAGO, Oct 17 (Reuters) - U.S. Agriculture Department officials faced a day of criticism over recent forecasts that have roiled the grains market, saying that the explosive growth of the ethanol sector had upended traditional patterns.
The robust growth of the ethanol sector in the last few years has altered the structure of the U.S. corn market and is complicating the government's efforts to gauge feed use, the U.S. Agriculture Department said.
BRAZIL'S BIG NEW POLICY RISK: IMPROVISATION
BRASILIA, Oct 14 (Reuters) - Creativity and improvisation have long been the most celebrated trademarks of Brazilian soccer teams.
For governments, though, those traits are less desirable. President Dilma Rousseff's willingness to make sudden, unexpected changes to economic policy is becoming one of the biggest risks of doing business in Brazil, a trend that officials tell Reuters is likely to continue in coming months.
ORIGINOIL TO ISSUE LICENCES FOR ALGAE KNOW-HOW
AMSTERDAM, Oct 14 (Reuters) - U.S.-based OriginOil , which has developed ways to harvest algae as biomass, sees potential for the tiny plants to be used to cut carbon emissions in the production of biofuels, plastics and fertilisers, the chief executive said on Friday.
The development of algae as a form of biofuel has been held in check by the high cost and technical difficulty of extracting the oil ingredients.
COLUMN-EU MUST TAKE LONG LOOK AT BIO-ENERGY CO2 EMISSIONS-GERARD WYNN
(Gerard Wynn is a Reuters market analyst. The views expressed are his own.)
LONDON, Oct 12 (Reuters) - The European Union's efforts to establish the full carbon emissions from burning bio-energy is an all but impossible task which illustrates the difficulty of trying to cut humankind's environmental impact, which first has to be measured.
The complexity of trying to link energy crops including corn for ethanol on one side of the planet with carbon emissions on the other is a tangled web of cause and effects which might recall an equation in atmospheric physics.
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