Today in Biofuels Opinion: “Nobody loves biomass.”

From the Miami Herald: “Nobody loves biomass. When talk turns to global warming and the green movement, it’s hardly ever mentioned….Still, among energy experts, biomass has some strong supporters, and for good reason: Right now, virtually all the renewable-energy power in Florida comes from biomass, including three plants in Miami-Dade and Broward. What’s more, it’s cheap — cheaper in some instances even than coal, which is generally considered the nation’s least expensive way of producing electricity but is also the biggest producer of greenhouse gases that scientists say are heating up the globe.”

From the Financial Times: “The plunging oil price is like a dangerously addictive painkiller: short-term relief is being provided at a cost of serious long-term harm…Already, however, the consequences are evident in project delays and cancellations, cost-cutting efforts and financial distress for many companies. More expensive forms of oil such as Canada’s tar sands, and alternatives to oil, such as biofuels, are at risk….At a conference of oil consumers and producers in London last Friday, Ali Naimi, the Saudi oil minister warned that the world needed $75 oil to sustain investment in both conventional production and research into alternatives….His argument may serve the interests of Saudi Arabia, the world’s biggest oil producer, but it is a widely held view.

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