Brazil biodiesel industry seeks bailout through higher mandate

In Brazil, the biodiesel industry is pushing for an intermediate blending rate of 7% for 2013 before the expected implementation of B10 in 2014 to help boost local demand for biodiesel. The country currently has a B5 policy but about 60% of the installed capacity is currently idled. In order to reach the B20 seen for 2020, the industry says it needs $14 billion in investment.