| Biofuels are produced by converting
| |
| | at 69% energy efficiency. However, the
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| organic matter into fuel for powering our
| |
| | study did turn up one positive:
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| society. These biofuels are an
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| | cellulose-derived ethanol was charted at
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| alternative energy source to the fossil
| |
| | 85% efficiency, which is even higher than
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| fuels that we currently depend upon. The
| |
| | that of the fantastically efficient
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| biofuels umbrella includes under it's
| |
| | nuclear energy.
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| aegis ethanol and derivatives of plants
| |
| | Recently, oil futures have been down on
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| such as sugar cane, as well as vegetable
| |
| | the New York Stock Exchange, as analysts
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| and corn oils.
| |
| | from several different countries are
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| However, not all ethanol products are
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| | predicting a surge in biofuel
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| designed to be used as a kind of
| |
| | availability which would offset the value
|
| gasoline. The International Energy Agency
| |
| | of oil, dropping crude oil prices on the
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| (IEA) tells us that ethanol could
| |
| | international market to $40 per barrel or
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| comprise up to 10 percent of the world's
| |
| | thereabouts.
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| usable gasoline by 2025, and up to 30
| |
| | The Chicago Stock Exchange has a grain
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| percent by 2050. Today, the percentage
| |
| | futures market which is starting to steal
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| figure is two percent.
| |
| | investment activity away from the oil
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| However, we have a long way to go to
| |
| | futures in NY, as investors are
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| refine and make economic and practical
| |
| | definitely expecting better profitability
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| these biofuels that we are researching. A
| |
| | to start coming from biofuels. Indeed, it
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| study by Oregon State University proves
| |
| | is predicted by a consensus of analysts
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| this. We have yet to develop biofuels
| |
| | that biofuels shall be supplying seven
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| that are as energy efficient as gasoline
| |
| | percent of the entire world's
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| made from petroleum.
| |
| | transportation fuels by the year 2030.
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| Energy efficiency is the measure of how
| |
| | One certain energy markets analyst has
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| much usable energy for our needed
| |
| | said, growth in demand for diesel and
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| purposes is derived from a certain amount
| |
| | gasoline may slow down dramatically, if
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| of input energy. (Nothing that mankind
| |
| | the government subsidizes firms
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| has ever used has derived more energy
| |
| | distributing biofuels and further pushes
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| from output than from what the needed
| |
| | to promote the use of eco-friendly fuel.
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| input was. What has always been important
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| | There are several nations which are
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| is the conversion the end-product energy
| |
| | seriously involved in the development of
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| is what is useful for our needs, while
| |
| | biofuels.
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| the input energy is just the effort it
| |
| | There is Brazil, which happens to be the
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| takes to produce the end-product.)
| |
| | world's biggest producer of ethanols
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| The OSU study found corn-derived ethanol
| |
| | derived from sugars. It produces
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| to be only 20% energy efficient (gasoline
| |
| | approximately three and a half billion
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| made from petroleum is 75% energy
| |
| | gallons of ethanol per year.
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| efficient). Biodiesel fuel was recorded
| |
| |
|
