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Biofuel Fettering Beer Business in Germany

Jun 01, 2007

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As per a recent report “Biofuel Market Worldwide (2007-2010)” published by RNCOS it has been found that the policy makers in Germany have devised various instruments for promoting the competitiveness of biofuel from domestic production. These instruments are targeted towards raising Biofuel’s share to around 5.75% by the year 2010 in line with EU objective.
 
Brewers in Germany may be forced to raise beer prices in the coming months. Since increasing area of farmland in the country is now being used for growing subsidized crops used for obtaining biofuels and not beer, thereby causing price rise on the ingredients of beer. Of the total 12 million hectares of farmland in Germany, almost two million is already being used to cultivate the plants that can be converted in to biofuel. The area used to grow barley in the country is receding by nearly 5% a year.
 
As per the RNCOS report “Biofuel Market Worldwide (2007-2010)”, “Germany was the leading Biodiesel producer amongst the EU nations with its output reaching almost 1669000 Tons (2002.8 Million liter) during 2005. Germany, whose output grew by roughly 61.3% as against 2005, represents more than half of European Union Biodiesel production (52.4%).”
 
This research reports on “Biofuel Market Worldwide (2007-2010)”, also addresses some interesting issues for today’s Global business environment, such as the opportunities that exist for Biofuel in the global market, driving factors for the Biofuel market worldwide, various government support programs and major Biofuel projects, and so on.
 
For more information visit: http://www.rncos.com/Report/IM508.htm


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