He further says that the emerging agri-countries can produce biofuels cheap enough for them to be taxed (with the French TIPP, or equivalent in other consumer countries, save one as we know ;)) in the same way as oil-based fuels. He doesn't seem to take into account that biofuel prices on the world market will tend to follow oil prices; and that, in any case, the more the US and the EU increase their demand for them, the pricier they'll get. In other words, he's advocating cheap biofuels that can only get more expensive if his advice is followed.

So I'm wondering if his head's screwed on right (this is not the first time I've wondered). Or, that oil companies are interested in taking this import business on.