Number of biofuel companies
How many biofuel companies are there?
Specialists consider that there are 1865 biofuel companies all over the world. Not too many people know the fact that a biofuel is a fuel that contains energy from geologically recent carbon fixation. Needless to say, these fuels are produced from living organisms. It is interesting to know the fact that in 2010, worldwide biofuel production reached 105 billion liters (28 billion gallons US). This is definitely something. Specialists hope that biofuels will meet more than a quarter of world demand for transportation fuels by 2050 to reduce dependence on petroleum and coal.