GreenFuel Technologies Corp. Signs Agreement to License Its Emissions-to-Biofuels™ Technology in South Africa

Global Renewable Energy Efficiency Network will utilize GreenFuel's
proprietary algae
bioreaction process as an integral component of its biodiesel strategy
in South Africa
Cambridge, Massachusetts (November 15 2007) – ca

Climate Choices in the Northeast: Northeast Climate Impacts Assessment

Climate Choices in the Northeast: Northeast Climate Impacts Assessment:

biodiesel from olive oil

News Briefs: "$1.5 million to fund projects that range including the feasibility of producing biodiesel from olive oil"

Can someone please exlain this one to me? Why would you make biodiesel worth less than $1/liter out of oilive oil which seels for over 4 times that? Is there some dirt cheap supply of olive oil I'm unaware of?