Green, Greener, Greenest! Even in the production of biofuel you got companies who are even greener than others. Usually biofuel comes from animals or plants, so how green is biofuel?
The world market value of biodiesel is expected to reach 62 billion dollar by the year 2015 with a production of 26 billion gallons. An analysis shows depicts that Europe will remain the largest biodiesel market, worldwide, accounting for nearly 70% of the total production.
Biodiesel is a fuel source based on vegetable oil or animal fat. Biodiesel is meant to be used in standard diesel engines and is thus distinct from the vegetable and waste oils used to fuel converted diesel engines.