Advantages of BiofuelsAbout the Social and Economic benefits of Bio-based Fuels
Biofuel encompasses a range of fuels that can be produced from any renewable biological resources, such as plant material. Renewable sources of biofuel include biomass and agricultural products such as: rapeseed, soy, tallow, sugar cane, corn, palm oil, waste vegetable oil (WVO) and used vegetable oil (UVO). Generally speaking, these first-generation biofuels are most commonly used for transport, home heating, power generation from stationary engines, and for cooking.
The Environmental Benefits of Biofuel
Biofuel absorbs carbon dioxide from the atmosphere when its plant matter base (biomass) is grown. The carbon dioxide is then released back into the atmosphere when the fuel is burnt. The combustion of petrol and diesel produces many different types of local air pollutants. It is anticipated that Bio-based fuels can provide an estimated 80% reduction in overall CO2 life cycle emissions compared to fossil fuels.
Reducing Dependence on Fossil Fuels
Producing biofuels lessens the dependence on traditional fossil fuels and improves diversity of fuel supply. Sustainable biofuels is an attractive alternative to fossil fuels because their production is not limited to locations where fossil fuels can be drilled, enabling a more diverse geographic supply.
- Biofuels are green fuels in that they do not contribute to the carbon dioxide (CO2) burden.
- Biofuel is non-toxic and biodegradable.
- Unlike petroleum diesel, renewable diesel is derived from a sustainable resource that will not run out.
- Biofuels burn more efficiently than petroleum diesel and are typically less flammable.
Related Products & Services
Our Geneva-based European biofuels team works with commodity traders, biofuel producers, diesel distributors, retailers and transport firms to create new efficiencies across the EU’s low-carbon fuel supply chain.
Supported by one of the industry’s largest managed rail fleets, our United States biodiesel supply network is continuously expanding to meet jobber and retailer demand along all major transportation corridors.
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