Brazil Found To Be World Leader In Production Of Biofuel
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Brazil: Leading the World in Biofuel Production
Summary
A recent study by Research and Markets highlights Brazil's leadership in global biofuel production, particularly in biodiesel and bio-ethanol.
Article
Research and Markets recently announced a significant addition to their study collection, showcasing Brazil as a global leader in biofuel production, particularly biodiesel. The report, titled "Biofuel Market Worldwide (2006)," provides an updated and detailed overview of the global biofuel market.
Biodiesel, a type of biofuel that can replace traditional diesel, is derived from natural and biological resources. This allows it to be used in most diesel engines, and with advances in technology, biodiesel is becoming a major fuel source worldwide. Its easy production?"sometimes even possible at home?"offers a promising solution to fluctuating gas prices.
The report from Research and Markets details emerging trends in biofuel and offers forecasts for the growth and adoption of this alternative fuel. Currently, Brazil is the leading producer of bio-ethanol, accounting for nearly half of the global output. The United States follows as the second-largest producer. With its technological capabilities, the U.S. is expected to soon rival Brazil's production levels.
In addition to cementing Brazil's position as a leader in sustainable energy, this study underscores the potential for biofuels to transform the global energy landscape.
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