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- (-) Biofuels
- (-) March 2021
- (-) September 2015
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The Government of Bolivia approved the production of biodiesel in 2019 and now plans to build a processing plant in Santa Cruz.
On January 20, 2021, Brazilian President Jair Bolsonaro sent newly inaugurated President Biden a letter noting that Brazil has demonstrated its commitment to the Paris Agreement.
Demand for ethanol is expected to increase by an average of five percent annually in the near future in order to meet the 10 percent mandated ethanol blend.
With full implementation of a 7 percent blend in 2015, biodiesel production is forecast to reach 537 million liters, up from 359 million liters in 2014.
China is a major producer of biofuels and production continues to increase.