Published Date : Dec 21, 2015
In the U.S., a new rule by the Environmental Protection Agency orders that 18 billion gallons of biofuels need to go into transportation fuel supply in 2016 in the country. Referred as the Renewable Fuel Standard (RFS), the mandate has only been a disaster. The only sensible part of the mandate is minimum renewable fuel to be zero.
That biofuel is sustainable for the long-run is well recognized. In the bid for higher usability of biofuels, commercial aviation is the sector where these fuels are foraying into. The Port of Seattle, Boeing, and Alaska Airlines are entering a partnership for a significant environmental goal – by which all flights at Seattle-Tacoma International Airport by all airlines will be power with sustainable aviation biofuel. This will be the first airport in the country that has chalked out a roadmap for the incorporation of aviation biofuel into operations, that too in a cost-effective and efficient manner.
The utilization of biofuels lies in its primary goal to curtail greenhouse gas emissions, as these are derived biologically by the process of carbon fixation. The processes are a few – conversion procedures from liquid fuels, solid biomass, and various gases. With the demand for clean energy on the rise, the biofuels market will develop fast in the coming years. More so, the potential of biofuels lies in replacing non-renewable sources, which is boosting its demand.
The reasons for the surge of biofuels for commercial purposes has been a few. Increasing fossil fuel prices and need for energy security for the long-run has been major reasons for the utilization of these fuels. Nevertheless, it is the research and development initiatives that have been supported by governmental policy support pertaining to mandates, subsidies, and tariffs for imports for the production of domestic-based feedstock.
The picking of biofuels is not limited for economic benefits. The newest utilization of biofuels is in the making of health-benefitting cooking oil. Solazyme Inc. has developed an algae-based cooking oil, which is being marketed as healthy for humans and the planet that they live on. Prior to this, Solazyme and some other biofuel firms were undercut by inexpensive oil and regulatory delays, as such these companies are shifting focus for something more profitable.