The Next Generation of Biofuels

“The global market for ethanol faces enormous opportunities and transitional challenges over the next ten years. A few issues hold the key to understanding the transitional nature of these challenges and identifying the best prospects for long-term growth opportunities,” said William Thurmond, author of Ethanol 2020: A Global Market Survey (pdf).

“If the promises of competitive, large-scale cellulosic ethanol production are realized, and if nationalist import/export policies for biofuels are further liberalized, then the possibilities for ethanol to replace 20% of gasoline consumption in the U.S., China and India may be realized by the year 2020,” noted Thurmond.

renewableenergyaccess