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.

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.

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