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Global biofuels production up 17% in 2010 to hit all-time high of 105 billion liters

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High oil prices, a global economic rebound, and new laws and mandates in Argentina, Brazil, Canada, China, and the United States, among other countries, are all factors behind the surge in production, according to research conducted by the Worldwatch Institute’s Climate and Energy Program for the website Vital Signs Online.

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Pike Research forecasts global biofuels market to double by 2012 to $185.3B

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Although many feedstocks, technologies, and conversion pathways are currently sharing the same tent, the current decade is shaping up to be one of shakeouts, as early bets on cellulosic technologies reach commercial production and significant investments from oil majors and multinationals. commercialization. and biodiesel.

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Pike Research forecasts global biofuels market value to double to $185B by 2021

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between 2017 and 2021, as a combination of higher oil prices, emerging mandate. Given the scale of development, to date, and the crystallization of interests among a diverse range of stakeholders, widespread biofuels commercialization is no longer a question of “if’’, but “when”. A more robust growth is expected.

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Univ of Washington team working to make poplar coppice viable cheap, high-volume biofuel feedstock

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Additionally, other tree parts go to waste when only the trunk is used, making the process more inefficient and wasteful. We have the environmental incentives to produce fuels and chemicals from renewable resources, but right now, they aren’t enough to compete with low oil prices. That’s the problem. Resources.