A problem with biofuels is that they compete for arable land & food (corn & sugar cane have been used as feedstocks). Mexico has recently been running trials with biofuels derived from the Jatropha plant which can be grown in arid & marginal land.
http://www.cnn.com/2011/WORLD/americas/08/12/mexico.biofuels/
http://www.cnn.com/2011/WORLD/americas/08/12/mexico.biofuels/
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