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Biofuels: Optimism and Concerns - Desert Research Institute

Biofuels: Optimism and Concerns - Desert Research Institute

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Rapid Growth of <strong>Biofuels</strong> in the U.S.<br />

• Currently dominated by corn-based<br />

ethanol<br />

– 6.4 billion gallons in 2007<br />

– Supplies about 4% of U.S. gasoline<br />

dem<strong>and</strong><br />

– Requires about 15% of U.S. corn crop<br />

• Biodiesel is growing, but still small<br />

– 0.45 billion gallons in 2007<br />

– Supplies ~1% of U.S. diesel dem<strong>and</strong><br />

– Main feedstocks:<br />

• U.S. – soy oil <strong>and</strong> waste oils<br />

• Europe – rapeseed oil<br />

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