At the end of the Suez crisis, both England, France and the whole of Europe was clearly made to understand that they are no longer the "Great Power" they thought they once were the European government strife to be as much energy independent as possible. Using government policies, tax, special grants, and other assistant over the decades the government's effect bear fruit. Today many European countries are world leaders in alternative energy technology.

The production of bio-diesel requires plant oil; such as (Corn, Soy, Sunflower, Peanuts, Jatropha, used cooking oil, Coconut, Rapeseed and many Vegetable Oils.) Not all country has the luxury of having too much good farmland, and devotes this farmland in the production of plant oil for the production of bio-diesel. Rapeseeds are planted in Europe to produce rapeseed oil for bio-diesel. In America corn is planted to produce ethernoel and soybean are panted to produce bio-diesel. Sugar cane is planted in Brazil to produce alcohol to drive their cars. In Malaysia, coconut oil are used to produce bio-diesel. The problem of farmland produce oil for bio-diesel is cost. In order for the bio-diesel plant to make money the cost of crude oil must be above $50 a barrel, under $50 a barrel, it does not make economic sense. Provided that the price of soybean, rapeseed oil stay the same.

NEXT> <PREV