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Global usage is affected by the government enacting new alternative fuel policies and targets to offset energy security and environmental concerns. More benefits of using biodiesel include stimulating the economy, reduce emissions, and increase our energy independence.
The Supply and demand equation is determined by three major things; government incentive, raw material prices and petroleum prices. These three things will determine economic viability of biodiesel. How much biodiesel can be produced without production becoming uneconomic? Currently expansion in production capacity is being observed not only in developed countries such as Germany, Italy, France, and the United States but also in developing countries such as Brazil, Argentina, Indonesia, and Malaysia...
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