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Biofuel derived from renewable resources such as plant or animal materials. Biofuel provided 1.8% of the world's transport fuel in 2008. Investment into Biofuel production capacity exceeded $4 billion worldwide in 2007 and is growing. Petrol, oil and coal are not Biofuel as they are fossilized. They are not sustainable. Biofuel on the other hand are sustainable energy sources as they can have a continuous growth / burn / growth / burn cycle. Biofuel such as ethanol and biodiesel have the potential to significantly reduce global dependence on oil. Coordinated action to expand Biofuel markets and advance new technologies could relieve pressure on oil prices while strengthening agricultural economies and reducing emissions of global warming gases. The two major Biofuel that are already available and being used on a large scale are biodiesel and bioethanol . These fuels are capable of running many different makes and models of existing motor vehicles. |
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| Bio ethanol | |
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| Biomass | |
| Bio diesel | |
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