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September 18, 2007 | Jim Lane | Comments 0

Mexican President vetoes biofuels bill, demands more focus on second-generation fuels

President Calderon vetoed the Mexican biofuels bill, saying that it places too much emphasis on corn and sugarcane feedstocks. Mexico has been the subject of protects over the rising price of sweet white corn and the resulting impact on tortilla prices. The President called for a bill that placed more emphasis on algae and cellulosic biofuels. The President also said that the Ministry of Energy should be responsible for fuel production, transportation and marketing, instead of the Ministry of Agriculture.

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