The first chapter depicts the status and global trends of the biofuels industry and markets. It traces the history of the production programme and its current status and efforts for promoting biofuels in Japan, Canada, EU, US, Brazil, Latin America, Southeast Asia, India, China and some African countries.
In a situation where the climate change issue has become a formidable challenge, biofuels offer a reasonably good option to satiate the fuel and energy requirement world over. We are aware that the petroleum prices are increasing day by day and has recently touched the hundred dollars a barrel mark. In the current geopolitical situation energy issues have become a challenge to national security also. Another important issue being discussed particularly in countries India is the low income level of the farming community. These issues very well converge to a single point that is development and use of biofuels as an alternative to fossil fuels. In the world transportation fuel usage, biofuels now occupy 3 percent and is expected to grow to 6.5 percent by 2012 and to 8.5 percent by 2015.