Biofuel Comeback Despite Rough Economy

New research reveals that the global production of biofuels reached an all-time high in 2010 despite the global economic recession.

 

The Worldwatch Institute’s Climate and Energy Program said that biofuels increased globally 17%, hitting an all-time high of 105 billion liters in 2010 from 90 billion liters in 2009. The US and Brazil remain the largest producers of ethanol, while the EU has been leading the way in biodiesel. Alexander Ochs, Director of Worldwatch’s Climate and Energy Program, said: "However, we may see some European countries switch from biodiesel to ethanol because a recent report from the European Commission states that ethanol crops have a higher energy content than biodiesel crops, making them more efficient sources of fuel."

 

The study also said that Asia produced 12% of the world’s biodiesel in 2010, a 20% increase from 2009, mostly via palm oil feedstock from Indonesia and Thailand. Meanwhile, Brazil plans to build 103 new sugarcane mills by 2019 which would increase its generating capacity by 66%.

 

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