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2/12/08

Amber Waves: The Future of Biofuels: A Global Perspective - biofuel production tripled between 2000 and 2007- by William Coyle

For the complete report from Amber Waves click on this link

The Future of Biofuels: A Global Perspective -biofuel production tripled between 2000 and 2007- by William Coyle

With near record oil prices, the future of biofuel—made from plant material—is of keen interest worldwide. Global biofuel production has tripled from 4.8 billion gallons in 2000 to about 16.0 billion in 2007, but still accounts for less than 3 percent of the global transportation fuel supply. About 90 percent of production is concentrated in the United States, Brazil, and the European Union (EU). Production could become more dispersed if development programs in other countries, such as Malaysia and China, are successful. The leading raw materials, or feedstocks, for producing biofuels are corn, sugar, and vegetable oils.

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