Biofuels Take Off in Some Countries

Environmental concerns and hopes to cut oil import bills while helping farmers have rekindled global interest in biofuels, a form of “green” energy with the potential to become a key transportation fuel.

Biofuels include ethanol and biodiesel derived from organic matter such as sugar cane, vegetable or corn oils. Not all ethanol is suitable to be used as a motor fuel blend.

The International Energy Agency (IEA) predicts ethanol alone has the potential to make up 10 percent of world gasoline use by 2025 and 30 percent in 2050, up from around 2 percent.

Reuters via Planet Ark