From Planet Ark, Bioethanol and biodiesel in South East Asia got a shot in the arm yesterday as US president George Bush said in a meeting with Indonesia's presidentSusilo Bambang Yudhoyono:
"I am very supportive of biofuel initiatives, starting in our own country. It's important for us to develop alternative ways to power our vehicles if we want to become less dependent on oil," Bush told reporters in the hill town of Bogor south of Jakarta.
Bush added
"The president and I spent a fair amount of time talking about the ability to develop biofuels, particularly in Indonesia's case from sugar cane as well as palm oil, and the technologies are available to convert sugar into ethanol."
The report adds that Indonesia's calendar year 2007 palm oil production is forecast to rise to 17.60 million tonnes from an estimated 15.90 million in 2006, overtaking Malaysia as the world's largest producer, according to industry sources.
Technorati Tags: Asia, biodiesel, bioethanol, biofuel, Bush, ethanol, Indonesia, Palm oil, US