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Global Warming and
Climate change are a major issue for the world to face
currently.There are so many facets to it and so
many of the
scientific fraternity are still completely unsure as to whether
it exists or not. There
are so many reasons why its all false and many people like Al
Gore have vested interests to keep the lie going but there are
also now so many people that have been indoctrinated into it
and the science has taken a back seat to all the lies and
rhetoric on bothe sides of the equation.
Biofuels as Alternative Sources of Energy
Biofuels are produced by converting organic matter into fuel
for powering our society. These biofuels are an alternative
energy source to the fossil fuels that we currently depend
upon. The biofuels umbrella includes under its aegis ethanol
and derivatives of plants such as sugar cane, as well aS
vegetable and corn oils. However, not all ethanol products are
designed to be used as a kind of gasoline. The International
Energy Agency (IEA) tells us that ethanol could comprise up to
10 percent of the world's usable gasoline by 2025, and up to 30
percent by 2050. Today, the percentage figure is two
percent.
However, we have a long way to go to refine and make
economic and practical these biofuels that we are researching.
A study by Oregon State University proves this. We have yet to
develop biofuels that are as energy efficient as gasoline made
from petroleum. Energy efficiency is the measure of how much
usable energy for our needed purposes is derived from a certain
amount of input energy. (Nothing that mankind has ever used has
derived more energy from output than from what the needed input
was. What has always been important is the conversion—the
end-product energy is what is useful for our needs, while the
input energy is just the effort it takes to produce the
end-product.) The OSU study found corn-derived ethanol to be
only 20% energy efficient (gasoline made from petroleum is 75%
energy efficient). Biodiesel fuel was recorded at 69% energy
efficiency. However, the study did turn up one positive:
cellulose-derived ethanol was charted at 85% efficiency, which
is even higher than that of the fantastically efficient nuclear
energy.
Recently, oil futures have been down on the New York Stock
Exchange, as analysts from several different countries are
predicting a surge in biofuel availability which would offset
the value of oil, dropping crude oil prices on the
international market to $40 per barrel or thereabouts. The
Chicago Stock Exchange has a grain futures market which is
starting to “steal” investment activity away from the oil
futures in NY, as investors are definitely expecting better
profitability to start coming from biofuels. Indeed, it is
predicted by a consensus of analysts that biofuels shall be
supplying seven percent of the entire world's transportation
fuels by the year 2030. One certain energy markets analyst has
said, growth in demand for diesel and gasoline may slow down
dramatically, if the government subsidizes firms distributing
biofuels and further pushes to promote the use of eco-friendly
fuel.
There are several nations which are seriously involved in
the development of biofuels.
There is Brazil, which happens to be the world's biggest
producer of ethanols derived from sugars. It produces
approximately three and a half billion gallons of ethanol per
year.
The United States, while being the world's greatest
oil-guzzler, is already the second largest producer of biofuels
behind Brazil.
The European Union's biodiesel production capacity is now in
excess of four million (British) tonnes. 80 percent of the EU's
biodiesel fuels are derived from rapeseed oil; soybean oil and
a marginal quantity of palm oil comprise the other 20
percent.
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