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Under The Radar News - Monday

· Biofuel bias. GM (GM) CEO Rick Wagoner says a UN report linking biofuel production to rising food prices is "shockingly misinformed." Skyrocketing oil prices, he says, are a "far bigger driver" of increased food prices than the corn used for ethanol production. He bemoaned the lack of more ethanol stations in the U.S. Wagoner thinks China will be the first country to build the necessary infrastructure for clean cars -- which he says could give it a strategic advantage. GM is a leading advocate of E85 use. · Buongiorno 3G... lire la suite

Lien du post: http://seekingalpha.com/article/73138-under-the-radar-news-monday?source=feed

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