The lack of sufficient demand for biofuels in Asia is posing a challenge for the sector’s growth and potential investments, according to Exxon. Despite the increasing focus on sustainability and renewable energy sources, the demand for biofuels in Asia remains low, hindering the expansion of the industry. Exxon emphasizes that without a significant increase in demand, investors are reluctant to pour money into biofuels projects. This lack of investment hampers the development of the biofuels industry in the region and slows down the transition to cleaner energy alternatives. The situation highlights the need for governments and businesses in Asia to actively promote and incentivize the use of biofuels in order to create a more sustainable and supportive market for the sector.