BusinessGreen: Developers of second generation biofuels made from non-food crops and waste material are on track to deliver fuels that are cost-competitive with ethanol and conventional fossil fuels by the second half of this decade.
That is the conclusion of a new report from Bloomberg New Energy Finance (BNEF), released today, which surveyed leading developers of so-called cellulosic biofuels and found that the falling cost of enzymes and fermentation processes means they expect to achieve cost parity by 2016....