Thursday, May 19, 2011

Biofuel in India

The research of Bloomberg says India could meet up to 50% of countries transport fuel demand by the year 2020 by transforming their agricultural waste into the biofuel, bioethanol. Additionally it will create more then one million new jobs. And it is not just a research for an independent institution, government of India has already set up the goal to reach 20% limit by the year 2017.
By implementing such plans into the European Union, we could make a fuel production buffer zone in Eastern Europe, where are a lot of countries willing to accept that. It means we could fulfill the European fuel demand and create a lot of new jobs in the border regions where it is necesarry.
Isn't the European plan to make the same life quality in all the regions?
Or maybe we have some existing biofuel plans?

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