Bio-diesel the next big investment in Europe?

With Europe's high gas prices and heightened concerns over global warming, it is no surprise that bio-diesel usage is expected to increase significantly in the next few years.

"We believe biofuels are here to stay as they represent a road to a cleaner transport sector that currently lacks significant alternatives," Goldman Sach said.

Consequently, Europe's market for biodiesel is expected to double by just 2010.

(Source: Reuters)