Liquid Biofuels made from biomass are attracting increasing interest worldwide. Industrial countries see Biofuels as a way of reducing greenhouse gas (GHG) emissions from the transport sector and diversifying energy sources. Developing countries see Biofuels as a way to stimulate rural development, create jobs, and save foreign exchange. Both groups view Biofuels as a means of increasing energy security. These concerns, taken together and highlighted by recent surges in the world oil price, have prompted a wide range of countries to consider Biofuels programs.
Under this new scenario,