PwC survey shows biofuel trends not as expected

In California, PwC conducted a survey of global leaders from the biofuels industry. The survey covered a broad range of trends, from policy and funding to technology and markets. Interestingly, both Canada and the EU outrank Brazil as key regions for future growth. Asia, the Middle East, and Africa lag significantly. The role of venture capital funding in future biofuels production, at 54 percent, is much higher than expected.