The European Union started the market for biofuels. Other countries such as the United States of America are fast catching up. The Asian countries are slow in taking up the mandate because people are assuming the wise consumer attitude, adopting a wait-and-see approach, waiting for the infrastructure to be established in order to have a better rationalization of cost and benefit. Historical and projected biofuels production levels are shown in figures 5 and 6. The major country players are clearly indicated.
Figure 7 shows the global demand for biofuels. The figure illustrated a 100% increase in the ethanol production between 2000 and 2005. ON the other hand, biodiesel production showed an increase of almost 400%.. Comparing these figures with production of oil from fossil fuels, it showed an increase only by only 7% over this period. Brazil produced 16. 5 billion liters of fuel ethanol (45. 2 percent of the worlds total) with the United States a close second at 16. 2 billion liters, or 44. 5 percent of the total.
With these projections, benefits brought about by the utilization of biofuels is expected to be significant specifically on the reduction of greenhouse gas emissions. CONCLUSION Clean environment is essential to a good quality of life, yet many thousands of deaths yearly are linked to the effects of pollution. Improving local air quality is a major thrust that most countries are currently pursuing. Thus, it is relatively important to bear in mind that for the petroleum and energy industry, one of the major considerations should be the use of environmentally sound, economical and safe fuel.
The use of biofuels, as presented in this paper suggests and projects a positive impact in the environment on the long term. While there are issues to be addressed, extensive research should be conducted in order to provide an answer to all these concerns. The figures show that there is an increasing demand for biofuels worldwide, still, policies gearing towards the utilization of such should be developed and adopted to the highest standards in the international scene.
Like in some countries wherein the use of biofuels is mandated by law, there should be a worldwide promotion and advocacy campaign for its utilization with emphasis that it brings about to the environment.
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