Biofuel Production Will Continue to Grow

CheckBiotech.org
Tuesday, May 19, 2009
By James Rickman

Henry Ford was an early 20th-century visionary of alternative fuels, and planned on having his early cars powered by ethanol. In fact, his first Model T could run on gasoline combined with a biofuel alcohol mix. The car's 10 gallon (38 litre) fuel tank was mounted to the frame beneath the front seat; one variant had the carburetor (a Holley Model G) modified to run on ethyl alcohol, to be made at home by the self-reliant farmer.

Today, the global demand for alternative energy biofuels is expanding at almost 20 percent per year through 2012 to over 92 million metric tons, despite recent concerns about the impact of biofuels on the environment versus world food supplies. Market expansion is led by a more than doubling of the global market for bioethanol, with the biodiesel market achieving even more rapid growth. Other biofuels will also achieve double digit gains, though from a smaller base.

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