Renewable energy source
Biofuel is made from renewable sources such as vegetable oils, animal fats, and crops such as corn, sugarcane and soybeans. This makes it a renewable source of energy, meaning it can be produced again and again, unlike fossil fuels which are finite.
Increased energy efficiency
Biofuels are more efficient sources of energy than fossil fuels. They produce fewer emissions, meaning they are much better for the environment.
Biofuels can provide economic benefits, as they are often produced locally and can create jobs in the rural areas. They are also cheaper than fossil fuels and can help reduce the countries dependence on imports of foreign oil.
Reduced Carbon Emissions
Biofuels produce fewer carbon emissions than fossil fuels, making them much better for the environment. This can help slow down the effects of global warming and climate change.