South Africa: Biofuel plans face big cost challenges
Source : allafrica.com
A state plan to target unused agricultural land in former homelands for development to feed the fledgling biofuels industry will present formidable cost challenges. The latest draft of the biofuels strategy steers away from tapping into existing large-scale commercial farming operations to feed the biofuels industry. Instead, it opts to create linkages between the first and second economy, and establish new farmers who would grow the crop required for biofuels production. But it emerged at a conference of the Central Energy Fund yesterday that the plan would require considerable upfront capital to establish the necessary supporting infrastructure.
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27 March 2008 |
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Articles in the category 'Politics' (377 articles)
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