Mexico to issue permits for biofuel production

Mexico said on Monday it will issue permits to companies for the first time to produce biofuels in a bid to cut emissions from cars and boost incomes for impoverished farmers.

The energy ministry said in a statement that companies will be allowed to produce ethanol and biodiesel, which can be used as additives in gasoline and diesel.
The government said in December it would encourage biodiesel production over ethanol because it would be hard for Mexican companies to compete against Brazil and the United States in ethanol production.

Reuters