IEA: World Biofuel Output To Double From 2006 To 2012

The International Energy Agency Monday forecast global biofuel output will double from 2006 levels to 1.75 million barrels a day in 2012. In its medium-term oil market report through to 2012, the agency, the energy security watchdog for the Organization for Economic Cooperation and Development, included its second annual report on biofuels.