Today in Biofuels Opinion: “A report published by the UN’s World Water Assessment Programme (WWAP) has warned that the sharp increase in biofuel production has impact significantly on water demand.”

From Zacks.com: “Last Friday Cosan Ltd. (CZZ) shares went up more than 20% based on a statement from the chairman of Petrobras Biocombustiveis, a subsidiary of Petrobras (PBR), that the Brazilian state-owned giant oil company would be considering some kind of partnership with local ethanol producers. There were even some rumors that Petrobras would be considering an acquisition of Cosan…The statement of the Chairman of Petrobras Biocombustiveis only reinforces our positive view on Cosan. We continue to rate the stock a Buy.

From Biofuels International: “A report published by the UN’s World Water Assessment Programme (WWAP) has warned that the sharp increase in biofuel production has impact significantly on water demand….One of the major problems with biofuels is the need for large quantities of water and fertilisers to grow the crops. Between 1,000 and 4,000 litres of water are needed to produce a single litre of biofuel.”

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