In current history biofuels such as biodiesel and bioethanol have actually become huge business around the globe. Many nations have taken a keen interest in their continued manufacture and use, consisting of establishing nations such as Brazil which is seen as a world leader in biofuel development. Even smaller sized nations such as the UK currently use around one and a half million litres of biofuel a year and objective to increase this three-fold within the next 10 years.

But wait, there's an issue.

There is nevertheless a significant issue; with the increase in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" argument, links to food cost boosts and impact of water resources to issues over deforestation and loss of biodiversity there are installing obstacles for the fuel to get rid of.
But there is want to be discovered in a variety of innovations broadly referred to as second generation biofuels. Such fuels are produced from sustainable feedstock instead of the typically editable crops used in very first generation biofuels (sugarcane, corn etc.) hence avoiding numerous of the concerns pointed out previously.

Hope for the future

One such technology is Algae Fuel, which can produce as much as 3 hundred times more oil per acre than standard crops as well as growing twenty to thirty times quicker. As if these benefits weren't considerable enough it is also possible to cultivate algae on generally unusable land such as land stricken by drought or including extremely high levels of saline.
Another extremely promising fuel is Cellulosic Ethanol which is merely sustain produced from non-edible parts of plants (or undoubtedly grasses and other plants that are inedible). This fuel source shares some advantages with Algae fuel such as high per-acre performance but has the distinct benefit that no special cultivation is needed. Cellulose is contained in practically all plants growing across the world.

Or should that be wish for today?

These may sound like science-fiction but the reality of the matter is that by 2008 the United States was already producing twelve million litres of fuel from cellulosic ethanol with production centers capable for producing an additional eighty million gallons per year in development.
There is much to be delighted about in the Biofuel market from both a company and eco-friendly perspective and continued development especially in 2nd generation technologies seems guaranteed. Such quick grown represents an amazing time for alternative energy production.
To keep abreast of the newest developments and market projections for alternative energy and biofuels it's recommended the reader accept professional biofuel market analysis.