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on March 26, 2010

Biofuels Could Provide One-Quarter of All Transportation Fuel By 2050, Says IEA

Up from current 1.5 percent.

Biofuels could provide some 25 percent of the world's transportation fuel by 2050, up from 1.5 percent today, according to International Energy Agency Executive Director Nobuo Tanaka. Speaking recently at the World Biofuels Markets 2010 in Amsterdam, Tanaka said biofuel production would increase steadily because it is the only feasible…

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