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Record Financing For Biofuels, Not Food BROOKLIN, Canada - Biofuels have quickly turned from environmental saviour to just another mega-scale get-rich quick scheme. Countries and regions without their own oil reserves to tap now see their farms, peatlands and forests as potential "oil fields" -- shallow but renewable lakes of green oil. However, renewable does not mean sustainable, and in most cases the only green part of biofuel is the wealth they generate.

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Record Financing For Biofuels, Not Food

BROOKLIN, Canada - Biofuels have quickly turned from environmental saviour to just another mega-scale get-rich quick scheme. Countries and regions without their own oil reserves to tap now see their farms, peatlands and forests as potential "oil fields" -- shallow but renewable lakes of green oil.

However, renewable does not mean sustainable, and in most cases the only green part of biofuel is the wealth they generate.