> The rush to build biofuel plants, particularly in China, has created a wave of supply that has depressed prices elsewhere, hurting the profitability of projects<p>Can you imagine a headline about a "phone bubble deflating" because they're being built cheaply at scale in China?<p>Is it perhaps more likely that Shell and Chevron were just pretending, while China is actually serious about dealing with their dependence on imported fossil fuels?