A New Biofuel Source Ending the Food vs. Fuel Argument

A market research and advisory firm is predicting that camelina will be the feedstock for a billion gallons of biofuels a year by the year 2025.  In their new report, entitled “Camelina Aviation Biofuels Market Opportunity and Renewable Energy Strategy Report,” researchers at Biomass Advisors say the non-food energy crop will be producing biofuels for the aviation and biodiesel sectors, accounting for 25,000 new jobs, more than $5.5 billion in new revenues and $3.5 billion in new agricultural income for U.S. and Canadian farmers.  The researchers credit what looks like the upcoming renewal of the federal $1-a-gallon biodiesel tax incentive and camelina’s ability to defuse the food versus fuel argument for their optimism about the grain.

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