Ethanol Backers Create Biofuels Market

The United States, Brazil, India, China and the European Union have created a forum to promote the use of renewable energy sources known as biofuels. Senior diplomats from participating countries gathered to launch the project at the United Nations Friday, where VOA correspondent Peter Heinlein picks up the story.

President Bush has set a goal for the United States to use 130 billion liters of alternative fuels a year by 2017. Current capacity is about 20 billion liters a year.

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