A China forestry official said his country will use 32.9 million acres of forestland to grow trees for biofuels. The fruit- and nut-bearing trees will not only supply oil content for biofuel production but increase farmer incomes. Officials also said China may devote up to $192 billion in the next 15 years to increase the use of renewable resources. Much of that money will be used to subsidize biodiesel and ethanol production. Of course, China has a rising demand for food, as well, which will compete with biofuel farmland.

[Source: checkbiotech.org]

Share This Photo X