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January 11, 2008 | Jim Lane | Comments 0

New study projects biofuels will supply only 3 percent of vehicle fuel by 2020; first-generation fuels will have negligible impact; synthetic liquid hydrocarbons will be the dominant second-generation biofuel

A study by just-auto.com projected that biofuels will account for only 3 percent of total fuel usage in 2020, and said that the long term contribution of first-generation biofuels will be negligible.

The report projects that first-generation biofuels will fall out of favor, but that second-generation fuels will pick up the shortfall. The report projects that synthetic liquid hydrocarbons will be the dominant biofuel in the long term, and that the 3 percent market share will be on the rise.

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