In current history biofuels such as biodiesel and bioethanol have become industry worldwide. Many nations have actually taken a keen interest in their continued manufacture and usage, including establishing nations such as Brazil which is viewed as a world leader in biofuel advancement. Even smaller sized countries such as the UK currently use around one and a half million litres of biofuel a year and objective to increase this three-fold within the next 10 years.

But wait, there's a problem.

There is however a considerable problem; with the increase in appeal of biofuels as has the level of criticism increased. From the "food versus fuel" argument, links to food cost increases and impact of water resources to concerns over deforestation and loss of biodiversity there are mounting obstacles for the fuel to get rid of.
But there is wish to be found in a range of innovations broadly described as second generation biofuels. Such fuels are produced from sustainable feedstock rather than the traditionally editable crops used in very first generation biofuels (sugarcane, corn etc.) thus preventing much of the concerns discussed previously.

Wish for the future

One such innovation is Algae Fuel, which can produce as much as 3 hundred times more oil per acre than standard crops in addition to growing twenty to thirty times more rapidly. As if these advantages weren't significant enough it is also possible to cultivate algae on traditionally unusable land such as land stricken by dry spell or containing very high levels of saline.
Another extremely appealing fuel is Cellulosic Ethanol which is simply sustain produced from non-edible parts of plants (or indeed lawns and other plants that are inedible). This fuel source shares some advantages with Algae fuel such as high per-acre productivity however has the unique advantage that no unique growing is needed. Cellulose is consisted of in practically all plants growing throughout the world.

Or should that be expect the present?

These might sound like science-fiction but the reality of the matter is that by 2008 the United States was already producing twelve million litres of fuel from cellulosic ethanol with production centers capable for producing an additional eighty million gallons annually in advancement.
There is much to be excited about in the Biofuel industry from both a business and environmental viewpoint and continued growth particularly in 2nd generation innovations appears guaranteed. Such rapid grown represents an interesting time for alternative energy production.
To keep up with the most recent advancements and industry projections for alternative energy and biofuels it's recommended the reader accept professional biofuel market analysis.