http://www.thebusinessonline.com/Stories.aspx?Where%20do%20%20you%20get%20your%20energy%20from?&StoryID=9BF1933F-64B1-4608-8C78-E5F03F8703C6&SectionID=F60D3E05-7185-44CB-BB45-97AC94420FD5RUDOLF Diesel, the German inventor of the engine named after him, never got used to the idea that it ended up being powered by dirty, non-renewable crude oil, rather than the humble hemp oil he originally intended. Fifteen years after its invention in his 1897, he declared: “The use of vegetable oils for engine fuels may seem insignificant today. But such oils may become, in the course of time, as important as petroleum and the coal tar products of the present time.”
After a century which has turned out to be the age of oil, his prediction may actually now be coming true: Among the most promising future alternatives to crude oil are vegetable oils and ethanol, the alcohol that can be derived from any starchy crop such as wheat or corn.
Using these biofuels is not new. In 1908, Henry Ford’s Model T, which turned the automobile from an aristocrat’s plaything to a mode of mass transportation, was designed to run on corn ethanol. But the collapse in crude prices that followed the Texas oil rush destroyed the competitiveness of vegetable fats and corn spirits, and petrol emerged as the dominant fuel.
Now, as the price of oil continues to climb steadily upwards, biofuels from renewable sources are starting to look attractive again. The reasons for their adoption go beyond the sky-high cost of crude, however; in the US, energy security is high on the political agenda and the farming community, spying another use for its agricultural products, is lobbying hard; in Europe governments and consumers alike are preoccupied with curbing harmful emissions. Another impetus for change is the steady depletion of the world’s oil stocks.
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