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Dubai-Based Investors To Set Up Biofuel Plant

environmentonearth.com — Dubai-based asset manager Daman Investments will take a majority stake in a venture to build the emirates’ first plant to produce biodiesel from inedible oils,

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  • anticon, on 09/02/2008, -0/+0The Arabs are building Biofuel plants? Makes you think doesn't it? Why would someone who makes all their money harvesting and shipping light sweet crude, start investing in something that is counter to their interests? Maybe because they know that the Arabian Peninsula may run out of oil within the next 40 years.

    Perhaps we ought to get a clue, eh?

    Adam
    www.twilightearth.com

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