US bio-fuel production increase: fact or wishful thinking?

Saturday, October 29th 2011 - 03:04 UTC

Full article 1 comment

A recent study, released on 11 October, “Bio-fuel Markets and Technologies” released by Pike Research states that the global bio-fuel market will double within the next decade to 183.3 billion dollars from its current level of 82.7 billion, with ethanol production accounting for 78 billion of future worldwide bio-fuel production, while predicting that bio-diesel production will reach 25.5 billion. Read full article

Comments

Disclaimer & comment rules

GeoffWard2
USA: 71% of the world's biofuel in 10 years time!

A flawed piece of research (?) in that it pays insufficient attention to the developments in other parts of the world - particularly in Brasil. Events external to the USA can push this % figure around massively.

Complicating factors are the conflict between:
the need for 'forest' (CO2 balance),
the need for food production
* for home consumption,
* to generate export monies and
* to 'feed the world',
the spot price of mineral oil and its projections, and
the growth of crops for biofuels.

The world is in a state of pretty fundimental flux and, however good the stoicastic modelling, the figure of 71% - without error bars - looks jaudicedly 'over-accurate', if not downright inaccurate.

Also, if Obama is shifting to 'Clean Energy', has anybody told him that biofuels are full of Carbon atoms.
Oct 29th, 2011 - 03:06 pm - Link - Report abuse 0
-+

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!