After several countries, Japan has also joined the biofuel bandwagon. The country is intending to introduce biofuel alternatives equivalent to 132 Million Gallons of gasoline by 2010 to comply with its CO2 reduction obligation.

Increasing use of maize and sugar to produce biofuels is an issue of concern as it may cause numerous lives across the world in the near future, warns Jean Ziegler, the special rapporteur of the UN.

As per AISI, US steel imports reached an all time high in May 2007 as exports from countries like South Korea and China more than doubled.

Sri Lanka has made significant progress in the promotion of private sector investments in renewable energy sources for rural areas. Productive use of electricity has led to a rise of income in rural households.

Over the years, half of the EU countries are witnessing a rise in greenhouse gas emission and among them, Spain is the biggest  offender due to its booming economy.

The UK government has revealed plans to double its target for electricity generated through renewable energy for 2020. This bodes well for the wind industry for the purpose of long-term investment decisions.