Al Gore to speak at biofuels congress in Argentina

Argentina’s government is hopping on the biofuels bandwagon by offering tax incentives for new initiatives and saying five % of the nation’s fuel supply must be biodiesel- or ethanol-based in three years.

But many Argentines are worried that diverting farmland for biofuels – made from corn, sugarcane, palm oil and other agricultural products – will drive up food prices even higher.

Today, that tension will come to a head when former US Vice President Al Gore addresses experts and financiers wrangling over efficient and environmentally friendly ways of promoting biofuels development at the first biofuels congress of the Americas.

Gore’s global warming documentary An Inconvenient Truth won an Academy Award earlier this year.