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Whatever scenario you pick, Biofuels seen 4X 2021 volumes by 2050

Writer: Henri BardonHenri Bardon

Have seen the business explode from 5 Mil Metric Tons in 2006 to 50 Mil MT this year, IEA is predicting another doubling by 2030 and so on for 2050. What is most important here to remember is that Biofuels facilitate the extension of the fossil fuel drop-in fuels. To reemphasize this point, imagine the situation now if biofuels mandates were non-existent and we needed 7-10% additional supply of diesel or gasoline?

 
 
 

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