Also from Green Car Congress, news that an IPO by Australian Renewable Fuels was so popular that “the offering closed two days early due to strong demand from investors, with the institutional component more than 2.5 times oversubscribed.” The excitement comes from plans to build two biodiesel refineries in Australia. Financial folks, help me out here: this is good news, right, not the foreshadowing of renewable energy becoming the next “Dot Bomb…”
Technorati tags: biodiesel, investment, Australia
Buy Greg Pahl’s Biodiesel: Growing a New Energy Economy at Powell’s City of Books.