As observed, the production of the US and Brazil combined covers almost 90 per cent of the world production of biofuels. In 2006, the US produced 18.4 billion litres (46 per cent of the world’s total) and Brazil 16 billion litres of ethanol (42 per cent of the world’s total; World Bank, 2008). Even though [...]
Archive for the 'Petroleum' Category
In the next few years again, eventually oil resources will run out, its because of large exploitation of the resources itself. Some market players even made it worst, they’re playing the price for self profit. A quick review of the rapidly growing literature on biofuels and many initiatives looking for alternative energy sources shows an [...]