Australian tree offers Texas growers biofuel alternative
Southwest Farm Press
Logan Hawkes
Jan. 23, 2012 11:22am
As global petroleum resources decline and the cost of imported oil escalates, agriculture producers around the world have been researching and testing food and non-food biofuels as an alternative to meet the growing demand for energy.
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Biodiesel is experiencing a historic surge worldwide and a rapid expansion in production capacity is being observed not only in developed countries such as Germany, Italy, France, and the United States but also in developing countries such as Brazil, Argentina, and Indonesia. Interest in and expansion of renewable fuel production has been fostered by mandates and financial incentives offered by governments, like the Obama Administration’s Renewable Fuels Standard requiring the production of 36 billion gallons of biofuels by 2022.
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