Analysts warn of fast expansion of China’s ethanol gas plan

According to a recent plan jointly released by the National Development and Reform Commission, the National Energy Administration, the Ministry of Finance and 15 other ministries, China will implement the use of ethanol-added gasoline nationwide by 2020 while targeting large-scale production of ethanol and developing advanced biofuel technologies by 2025, Yicai.com reported. Analysts have shown great […]