Abstract
The world is heating up, and with it the defining issue of our time - Global
Warming! As this issue among others such as rising crude oil prices and
depleting fossil fuel reserves gains momentum, biofuels among other sources of
renewable energy are drawing interest as alternatives to fossil fuels. With an
increasing number of governments now supporting this cause in the form of
mandates and other policy initiatives the Biofuels industry is poised to grow
at a phenomenal rate.Industry participantsof all sizes, from large corporate
houses to undersized set-ups are now trying to grab a pie of the biofuels
market.This position paper aims at understanding the dynamics of various
markets and achieve scales in line with government initiatives.
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