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There are numerous factors that are driving governments to formulate policies for the promotion and development of biofuels and biofuel industry. A report published by UK department of Transport (2004) states, “The benefits [of biofuels] include greenhouse gas reductions which will contribute to domestic and international targets, potential air quality benefits (albeit limited), the diversification of the fuel sector and an additional market for agricultural products.” To sum up we can say that the most influential factors for the promotion of biofuel policies include adverse changes in the climate due to continuous use of fossil fuels, enhancement of the agricultural industry thus producing employment opportunities in the rural areas, self reliance in terms of energy requirements of the country and utilization of the resources of the country to yield maximum benefits. There are numerous socioeconomic benefits associated with the use of biofuels and comparatively they also have positive effect on the environment than conventional fuels (Faaij, 2006).

2.12 A solution to the Energy Security Concerns

Romm (2006) asserted that more than 97 % of the energy requirement so transport is fulfilled by organic or carbon based fuels; the energy security of the world is at stake since more than half of the crude petroleum reservoirs have been emptied. The ultimate fate of the conventional fuels is the extinction but the date of extinction is controversial. As pointed out by Sharpe and Hodgson (2006), the extinction of energy may lead to extinction of lie in the long run. The extinction of this cheap source of energy may raise tension between different countries of the world.

There is lack of investigation on the accurate assessment of future energy requirements of the world (Campbell, 2006; Greene et al., 2006). Mazurek (2005) pointed out that energy security of a country is intimately associated with national security; biofuels can act as a tool to deal with the energy concerns. Undoubtedly the non renewable resources like fossil fuels will not accompany man too far (Hallock et al., 2004).

The aforementioned facts have compelled governments to investigate different methods for replacing non renewable resources to renewable resources especially biofuels. The lenient policies and incentives are being given by governments for the development of biofuel industry. India's national security also requires the government to take initiatives

2.13 Future resources and Policies

Pahl (2005) pointed out the impact of development of biofuel industry will ease the transition from the fossil fuels to carbon based fuels. This industry can be established by utilizing the existing infrastructure and transport systems to some extent (Foresight Vehicle, 2004). The growth of this industry depends on growing Jatropha or other potential crops on vast land to meet the needs of emerging firms in this sector. The replacement of conventional fuels with the biofuels may take long time due to lack of technology in this industry (Foresight, 2006).

Most of the biofuel production units are utilizing sugarcane molasses for biodeisel本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。