Due to the global warming, Environment has become one of the big issue of the 21st century. Global warming concerns create new and profitable business opportunities, because developing alternative forms of energy and other environmentally-friendly technologies are not only good for saving the environment, but for pro-expanding the job market.
“Overall in 2010 the revenues on the world biodiesel market made up more than $18bn, this index being projected to increase unprecedentedly in the coming future the revenues are forecast to reach up to $70bn,” according to the study entitled,
Biodiesel: 2011 World Market Outlook and Forecast up to 2016.
Source: OECD/IEA 2010, Sustainable Production of Second-Generation Biofuels.