Future GoalsA number of factors have contributed to the recent global increase in the demand for biofuels, including national and economic security, crude oil prices, depletion of fossil fuel reserves, and global warming concerns. Many countries have instituted economic incentives and mandatory biofuel content requirements to spur development of renewable sources of energy. Various requirements have recently been put in place that seek to ensure that the production of biofuels will not adversely impact food supply economics or increase green house gas emissions.Of the many feedstocks that can be used for biodiesel, algae is emerging as the clear winner because of its promise of extremely high yields per acre, ability to be produced on non-arable lands (i.e., not displacing land for crops), and suitability for carbon dioxide absorption from exhaust flues. A future with locally produced, renewable biofuels to replace environmentally unsound petroleum products is within our grasp. A future with locally produced, renewable biofuels to replace environmentally unsound petroleum products is within our grasp. External Links: |  |
