Biofuel Biofuel within the next 20 should be available for American use. Its all about getting the cars built to use biofuel and switching the gas station where they are available to the public use. Even though it may sound simple but that’s a lot of work and money to start doing things a different way. Therefore, this will affect the economy by reducing some aspects of fossil l fuel production, also reduce some use of greenhouse gas pollutant emission. The demand for biofuel can increase farm income. Biofuels could yield lower lifecycle GHG emissions than gasoline over a 30-year time horizon. Biofuels can lead to reductions in lifecycle GHG emissions relative to conventional fuel. However, there will be significant potential to reduce GHG emissions relative to conventional fuels because feedstocks can be produced using marginal land.
However, since biofuel has a huge demand for land, water, potential drawbacks include changes to land use patterns that may increase GHG emissions, pressure on water resources, air and water pollution, and increased food costs. Therefore, biofuel has affect ongoing crisis by rising the food prices up by 75%. Diverting these crops to biofuels may lead to more land area devoted to agriculture, increased use of polluting inputs, and higher food prices. Changes in land use patterns may increase GHG emissions by releasing terrestrial carbon stocks to the atmosphere.
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This have turn pressure onto plant derived fuels to reduce emissions of greenhouse gases and reduce their dependence on imported oil. Rising the food prices have hit worldwide below the poverty lines. Also, biofuels have distorted food markets in three main ways. First, diverted grain away from food for fuel. One third of corn production is used to make biofuel as well as half of the vegetable oils.
For example, a 2013 study found projections for the effect of biofuels on corn prices in 2015 ranging from a 5 to a 53 percent increase. The National Research Council’s in 2011 report on the RFS included several studies finding a 20 to 40 percent increase in corn prices from biofuels during 2007 to 2009. If the numbers keep rising I biofuel even worth the change.