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losses can be avoided by hedging while concerns over costly biodiesel remain largely unfounded.

=References=
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Channel NewsAsia (2007, 12 June). S'pore to woo clean energy business, analysts say more can be done.

EEI, Elsevier Engineering Information (2007, 6 August). Asia-Pacific role in biofuels market. Petroleum Review.

Foo, Alvin (2007, 9 July). High palm oil prices dash KL firm's biodiesel plans. The Straits Times.

Hille, Kathrin, Andrew Hill and Adam Jones (2007, 26 June). ASE in the pack at risk after buy-out snub. Financial Times (FT.Com).

Mukherji, Biman and Ramachandran, Hari (2006, Nov 2). Wild jatropha stirs hope of biodiesel bounty in India. Reuters. http://www.reuters.com/article /inDepthNews/idUSBOM1811112006 1102

Paul, William Henry (2007). Future energy: how the new oil industry will change people, politics, and portfolios. Hoboken, N.J.: John Wiley.

Reuters News (2006, 17 November). Australia's Natural Fuel to hedge biodiesel output. Reuters. http://www.reuters.com/article /reutersEdge/idUSSIN2241332007 0129

Seng, Li Peng (2007, 18 June). INTERVIEW: Van Der Horst Biodiesel Seeks Feedstock Security. Dow Jones Commodities Service.

Song, Chunshan, Chang S. Hsu, Isao Mochida. (2000). Chemistry of diesel fuels. New York: Taylor & Francis.

Symon, Andrew (2007, 9 July). In sunny city-state of Singapore, renewables take hold in regional commerce hub strategy. Renewable Energy Report Issue 134.

Tan, Tania (2007, 22 March). Biodiesel plant set up in drive towards clean fuel. The Straits Times.

Thukral, Naveen (2007, Jan 15). Malaysia biodiesel sector faces uncertain future. Reuters. http://www.reuters.com/article /GlobalBiofuel07/idUSKLR827492 0070116

Wong, Jeana (2006, 8 November). New US$130m biodiesel plant in Singapore to serve Asian, US markets. Channel NewsAsia. http://www.channelnewsasia.com /stories/singaporebusinessnews /view/240159/1/.html

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