Benefits of Bio Fuel
The production of bio fuel offers many benefits. First of all the production of bio fuels can lower the import of oil. It can increase the energy security for coming years. The use of bio fuels is really environment friendly and emits less green house gases. The vehicle emission can be lowered to almost half. This is a new sector and it can be sources of income for poor farmers and many others. Almost all parts of bio fuel plants are useful and hence there is low disposal cost. Another benefit of this form energy is that it can be extracted from the innumerable plant sources. It can be produced from sugar cane, corn, and palm .recently it is discovered that green ocean plants like algae can be a useful raw material for this process.
Future of Bio Fuels
The biofuel production is increasing throughout the world. It is expected that the bio fuel market would reach to 12 billion till 2010. The ethanol production is expected to double in 2020. It would reach to 1, 20,000 million liters till 2020. Till now Brazil and USA are the global leaders in the production of bio fuels. However in the future some other countries like Malaysia and Indonesia is expected to increase its bio fuel production. The countries like Malaysia and Indonesia has very high palm oil production. Palm oil can be a very good way of generating bio fuels like ethanol. The burden of very high fuel prices has changed the way things used to be in past. The only consideration is that the replenishment of these crops instantly. So that we may not face problems like deforestation and high food costs. The dependence on bio fuels is increasing for the search of green bio fuel sources and powering the future cars.
Sustainable Bio Fuel Growth
The bio fuel such as ethanol made from used vegetable oil is a green fuel that is low cost and affordable. The development of bio fuel is dependent on the sustainable growth of the relevant crops. If the production of fuel results in high deforestation, it would in turn create hazards for us. The further development is subject to constant efforts at the government at personal level so that we can enjoy the benefits of green energy without losing more trees. The future of this fuel is really bright in countries which rely heavily on cultivation. The production of bio fuels can be a new source of vertical integration for the manufactures of palm oil related products. They can increase the percentage of their profits with the same yield. They can not only produce oil from palm fruit but can also produce ethanol from it. Ethanol is an emerging substitute of diesel and petrol. It is mixed with some percentage of gas to support the efficient functioning of the engine. Ethanol can decrease the carbon emissions up to 86%. It is easy to produce bio fuel from the used oil. This is why the truck drivers also use waste of restaurants to produce ethanol. It is expected that the production of cars having the ethanol friendly engine will increase. Not only the individuals but the governments of the world are also giving incentives to industry and locals to use green energy and technology.