Global Biofuels Consumption to Reach 135 Billion Gallons by 2018
(XS4Green.com) GIA (Global Industry Analysts) announces the release of a comprehensive global report on Biofuels (Bioethanol and Biodiesel) markets. The global consumption of Biofuels (Bioethanol and Biodiesel) is projected to reach 135 billion gallons by the year 2018. Biofuels are fast growing to become a prominent alternative energy resource, driven mainly by the growing environmental concerns with regard to the usage of fossil fuels. Besides environmental concerns, limited fossil fuel resources, complete dependence on oil exporting countries for supply, and increase in energy prices are the other factors expected to drive production as well as consumption of Biofuels (Bioethanol and Biodiesel) in the near future. READ MORE Abstract



