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Global biofuel output to jump nearly 70% by 2030 due to Gulf energy crisis, study finds
Source: reuters.com
Renewable Energy TransitionEnergy Markets & PricesGeopolitics & WarRegulation & Legislation
Global biofuels output is projected to increase nearly 70% by 2030 from 2025 levels as major producers raise fuel-blending mandates. The policy push is being driven by the energy crisis linked to the Iran war, supporting demand for biofuels and accelerating the renewable-energy transition.
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