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biofuels bubble burst


Accenture forecasts a biofuel bubble burst

According to a recent study by Accenture, the biofuel sector is repeating the pattern that the dot.com companies had during the early 2000s. In words of Matías Alonso, an Accenture partner, "At this point there is going to be a huge boom until it becomes evident how difficult growth is for this market. At the end, only the strongest and more stable contestants will remain. [...] Nevertheless, biodiesel and ethanol producers are going to be the leaders of the energy market because biofuels will become a strong asset in the sector." ... Read more →

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