Biofuels bottleneck

There has certainly been major activity in the sector; Shell and Cosan announced one of the biggest biofuels deals to date, a multi-billion dollar joint venture called Raízen. It aims to produce and sell over 2 billion litres of low-carbon ethanol made from sugarcane in Brazil. For Shell, one of the largest distributors of biofuels, this is its first move into production. And it sends a clear signal that demand for biofuels is set to surge.