The impressive growth in Canada’s energy sector led the country to collaborate with the United States and Mexico for a host of initiatives for developing the energy sector.

In its bid for unprecedented output from bioindustry, China plans to adopt a three-step strategy that will propel it to the forefront of the global bioindustry.

China registered phenomenal growth in its steel exports in the first half of this year. The main reason is the macro-economic policy adopted by China resulting in a decline in the domestic steel’s prices.

US government is extending its full support to develop its biofuel industry. Recently, the US Department of Energy has announced to a funding project worth $375 Million for the cause.

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.