1 billion gallons of camelina biofuels, $5.5 billion in new revenue, 25,000 jobs by 2025: new report
Biomass Advisors, the research division of Biofuels Digest, projected that one billion gallons of Camelina biofuel would be produced for the aviation and biodiesel sectors by 2025, creating 25,000 new jobs; producing over $5.5 billion in new revenues and $3.5 billion in new agricultural income for U.S. and Canadian farmers.
The projections are contained in “Camelina Aviation Biofuels Market Opportunity and Renewable Energy Strategy Report,” released today by the research group.
The report follows recent announcements by Sustainable Oils and Alt-Air among others, to provide 100 million gallons of Camelina-based jet fuel to a consortium of 15 airlines starting in 2014. Camelina Aviation Biofuels provides an objective, in-depth assessment of Camelina and the market drivers behind aviation industry activity.
“Camelina Aviation Biofuels Market Opportunity and Renewable Energy Strategy Report,” is 116 pages, and includes more than 60 figures, tables and charts, along with regional crop forecast maps for visualizing business opportunities and planning infrastructure needs.
The report is available for a purchase price of $695. More information, including a free Table of Contents and abstract is available here.
More background on the story from the Digest