The biodiesel producers aim to generate a renewable energy source since it is clear that the fossil resources are limited and supply only ample resources in an ever-increasing risk.
The world now is focusing on renewable energy sources, since oil production is now decreasing in all the reserves. Though the production and availability of the oil are declining, there is an increasing demand for it. So the world now has changed its view on biofuel, due to the growing demand for energy consumption, especially in transport.
Since food production and transport services mainly depend on the biodiesel engines in which the biodiesel plays a significant role. The energy security urges that the future generation must live in a bio-energy world.
At the same time, in the middle of severing the global financial crisis and increasing demand for biofuel, it is also essential to look for an inventive solution for climate change. The renewable energy must lead the developing and developed countries in reducing emissions of poisonous gases.
Such an approach can be obtained by using the biofuel produced by the Jatropha oil. The use of Jatropha biodiesel can support economic recovery and also have a mitigating impact on climate change. The biodiesel produced from the Jatropha seeds is low carbon emission, thus helping the government to avoid dangerous climate change.
With the decrease in oil prices, investing in green technologies is not an easy task. But there is still growing support from the side of the business and the government for investing in renewable energy like Jatropha, which has a low carbon development path.
(edited 2-Dec-2019)