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Biofuels seemed destined for a boom in the early 2000s, helped by public policy, technology advances and production. But low margins and excess capacity have tempered expectations and the outlook for biofuels is less bullish. Fernando Martins, a partner in Bain's Oil and Gas practice, outlines the rise and fall of biofuels in this short video.
Read the Bain Brief: Biofuels: From boom to bust?