As oil prices have been rising, biofuels have been booming. Biofuels are made from plant matter; the complex carbohydrates of the plants are converted into hydrocarbon chains, which behave much like gasoline and diesel fuels. Even if you’ve never heard the term, you’ve undoubtedly heard the names of the fuels; ethanol, methanol and biodiesel are all examples of biofuels currently available in many countries.

The main benefit of biofuels is easy to grasp; biofuels are a renewable resource, unlike petroleum. When the world’s supply of oil is consumed, there will be no way to ‘make new oil’. Conversely, there is a constant harvest of new, growing fuel-crops. Corn, soybeans, hardwoods, sugar canes – all can be harvested and used for biofuel production…More