BSR Report: Future of Fuels is 'Efficiency' http://t.co/JpP8n6Mf
— Leonardo ENERGY (@LeonardoENERGY) October 12, 2012
Biofuels can reduce greenhouse gas emissions to varying degrees, when compared to fossil fuels. The reduction potential varies between 10% and 90%, depending on the fuel used and how it is managed (in some extreme cases, due to land use change, the carbon balance can be even worse than the fossil alternative).
A new development since 2012 is the rapid electrification of transport, for which there is both political momentum and market developments. In carbon-intensive electricity systems, some biofuels can perform well, but on average, electricity works better than most fuel types, and will do so increasingly as the electricity system decarbonises.