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Press Release

GLOBAL RENEWABLE FUELS ALLIANCE,
OPENING DOOR TO MORE REGIONAL MEMBERS

Toronto, Canada, April 30, 2009. The Global Renewable Fuels Alliance welcomed the Argentine Renewable Energies Chamber (known locally as “Cámara Argentina de Energías Renovables” or by its initials CADER) into the Global Alliance today. CADER represents the entire value chain in biofuels production in Argentina, including biofuels producers.

The Chamber, which has established itself as a regional leader in renewable energies, also called for other organizations within Latin America to join the Alliance. “We are honored to become members of this rapidly growing alliance,” stated Carlos St. James, President of CADER. “Renewable fuels represent one of the paths for emerging economies to make the most of their clear advantages in this industry. Brazil has already established itself as a world leader in ethanol production and Argentina in biodiesel; our brethren in countries such as Colombia, Paraguay, and Mexico are also making great strides in developing this industry and the Alliance is clearly the best option to find common ground, establish standards and practices, facilitate investment, and defend our interests in global markets.”

Bliss Baker, Executive Director of the GRFA, was also pleased to be making inroads into Latin America through CADER. “Argentina is among the five largest biodiesel producers in the world due to its abundance of soy oil. And as feedstocks in this industry continue to evolve, Latin America is certain to play a key role as producer of both raw material as well as fuels for the global industry, and we are very glad to have a regional leader such as CADER on our board.”

ABOUT THE GLOBAL RENEWABLE FUELS ALLIANCE
The Global Renewable Fuels Alliance is a non-profit organization dedicated to promoting biofuels friendly policies internationally. Alliance members represent over 65% of the global biofuels production from 43 countries. Through the development of new technologies and best practices, the Alliance members are committed to producing renewable fuels with the smallest possible ecological footprint. Its website is www.globalrfa.org.

ABOUT THE ARGENTINA RENEWABLE ENERGIES CHAMBER
The Argentine Renewable Energies Chamber is a non-profit industry trade association dedicated to the sustainable development of alternative energies in Argentina. Its mission is to play a key role in the development of an industry with the highest level of professionalism, creating an environment that attracts investment and creates jobs in the country.

The chamber is also developing the burgeoning wind, solar, geothermal and biomass sector. In biofuels, the chamber has members that represent the entire value chain of production, from seed companies through biofuels producers to distributors and retailers. Its website is www.ArgentinaRenovables.org.