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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (53664)	11/18/2005 10:11:52 AM
From: Tommaso	Respond to of 206325

Sounds like a perpetual motion machine to me.

To: Snowshoe who wrote (53664)	11/18/2005 11:47:05 AM
From: elmatador	Respond to of 206325

Brazil to invest €8bn in the biofuels sector for both domestic supply and exports between now and 2013, reports Vehicle News. Brazil plans eight-year bioethanol sector investment 18th November 2005 Already the world’s biggest ethanol producer, Brazil is to invest €8bn in the biofuels sector for both domestic supply and exports between now and 2013, reports Vehicle News. The investment will go to expanding sugar cane cultivation, additional refining capacity and logistics facilities. The news comes within days of the British Government outlining plans for a Renewable Transport Fuels Obligation that from 2008 will require some 20 road transport fuel suppliers to raise the biofuels percentage of their petrol and diesel supply to 5% by 2010. Brazil’s biofuels development plan also coincides with the support of a US Senate committee for legislation requiring all new gasoline-powered vehicles to be able to burn an 85% gasoline/15% ethanol mix by 2015. The draft US legislation envisages tradeable flex-fuel credits for vehicle manufacturers. Meanwhile Peugeot is financing a project in Brazil’s northern Mato Grosso State to demonstrate the technical viability of CO2 sequestration through reforestation. Also in Brazil, PSA Peugeot Citroën has conducted tests on Xsara Picasso and Peugeot 206 models using biodiesel in partnership with Sao Paolo University’s clean energy development laboratory. The two vehicles have already covered some 160,000 kilometres on a mixture comprising 30% soy biodiesel and 70% petroleum-derived diesel. The second stage of the experiment, planned for early 2006, will involve the use of biodiesel from other oil seeds. (Sources: Vehicle News, US media, PSA)