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Why Are Biofuels So Good?

09.30.2009 · Posted in Finance Articles

We are currently using mainly fossil fuels to power everything that needs fuel. Biofuels have a very modest share in the market. However, that also depends from country to country. For example, in Brazil, biofuels are largely used as they found a way to efficiently produce it by using waste from the forest of Amazon. Should the rest of the world be like Brazil? Should we all follow the example of Brazil? Yes, we should. Why? What makes biofuels so special?rnrn1. Biofuels are produced from waste, unlike fossil fuels. That means that the reserves of biofuels can never deplete, because the amounts of waste is basically endless. This is a huge advantage, as we would never have to worry about running out of fuel.rnrn2. Biofuels are environmental-friendly. This is a huge advantage. Why? Currently, due to the large fossil fuels usage, huge amounts of CO2 are being released in the atmosphere. Yes, fossil fuels are releasing the carbon dioxide.rnrn3. Biofuels are cheaper to produce. Yes, the machines and all the equipment necessary to produce biofuels is expensive, but once you get going, the production process is quite cheap, when compared to extracting fossil fuels.rnrnAll in all, biofuels are the way to go. They are the future. Once we run out of fossil fuels, we will know that. They have many pros, and very few cons, when compared to fossil fuels, and it is almost certain that many governments will invest heavily in the production machinery. Private investors are already doing so, and some are already getting returns on invested.

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