Biofuels And Our Economy

Bio supplys and our economy

Biofuels and our Economy

1 . Introduction

Biofuels are transport fuels make from whole kit and boodle material and recycled elements of the food

chain , and as such are considered renewable and sustainable in contrast to the majority of liquid

and ordnance fuels we use today , which are fossil based with express world reserves ( Energy

northeast .net . It is believed that biofuels are carbon sluggish Wikipedia encyclopedia ) in the

sense that the carbon emission which came from the animated of the biofuels are the same carbon p

from carbon dioxide which the plant use in its growth before it was made into fuel . In ready , use

of biofuels do not add to the nursery carbon responsible for global warming or greenhouse

effect . There has been moves by the U .S . government to slowly pillow slip from fossil fuels to biofuels

because of its being environment friendly . It is the aim of this to dissertate the effects of

switching to biofuels from fossil fuel use

11 . Economic impact of biofuels in U . S . Economy

The transportation fuel by the U .S . tots to 60 one thousand thousand gallons of diesel and 140 billion

gallons of gasoline ( energyfururecoalition .org ) The 140 billon gallons gasoline is analogous to

cc million gallons of grain alcohol .



Assuming replacing 25 of U .S . gasoline consumption , about 50

billion gallons of ethanol a year is needed . Energyfuturecoalition reported that based from their

glance , the raw material needed for production of such amount of ethanol on annual basis is

available in the U .S . An economic expert by the name of John Urbunchuk accord to

Energyfuturecoalition said that 200 ,000 new jobs can be created in to produce 10 billion

gallons of ethanol from corn per year . The economist further stated that 2 ,000 jobs can be truly for

every 100 million gallons requirement . Replacing 25 of U .S . gasoline consumption per year will

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