In the market, biofuel costs the same as other fuel. Nevertheless, the overall cost of using them is much sky higher. They are cleaner fuels, which means they produce fewer evacuation on burning.
Easy To Source
Diesel fuel is refined from crude oil, which happens to be a non-renewable resource. Although current reservoirs of gas will assist for many years, they will finish sometime in the near future.
Most of the fossil fuels will lapse and end up in smoke one day. Since most of the sources like droppings, corn, switchgrass, soybeans, waste from crops and plants are renewable and are not likely to run out any time soon, making the use of biofuels efficient in nature. These crops can be replanted again and again.
Reduce Greenhouse Gases
Fossil fuels, when burnt, produce a large number of greenhouse gases i.e. carbon dioxide in the atmosphere. These greenhouse gases trap sunlight and cause the planet to warm. The flaming of coal and oil enlarge the temperature and generate global warming.
Every country doesn't have reserves of unpurified oil. For them, having to import oil puts a huge indentation in the economy. If more people start transfer towards biofuels, a country can reduce its vulnerability to fossil fuels. More jobs will be created with a fatten biofuel industry, which will keep our economy secure.
Reduce Dependance on Foreign Oil
While locally grown crops have decreased the nation’s vulnerability to fossil fuels, many experts believe that it will take a long time to solve our energy needs. As prices of crude oil are touching sky high, we need some more alternative energy solutions to reduce our dependence on fossil fuels.