Posts Tagged 'sugarcane industry'

Alternative energy now going after OPEC

In Response to: Why Thursday May Be a Big Day for Wind Power

by Joseph Ratner

In addition to wind, other alternative energy interest appear to getting feisty and are even standing up to big oil this week.

A coalition of international biofuels organizations appear to have launched an attack on the oil industry cartel OPEC. In an open letter to OPEC president Chakib Khelil published in today’s Financial Times, the Canadian Renewable Fuels Association, European BioEthanol Fuel Association, Sugarcane Industry Association and the Renewable Fuels Association accuse the oil cartel of spreading false claims about ethanol and biofuels to protect their monopolistic hold on world energy supplies and further increase their profits linking to skyrocketing global oil prices.

Full Response