Question

explain commercial significance of biofules

Answer 1

Countries around the world are using various kinds of biofuels. For decades, Brazil has turned sugarcane into ethanol, and some cars there can run on pure ethanol rather than as additive to fossil fuels. And biodiesel—a diesel-like fuel commonly made from palm oil—is generally available in Europe.
Biofuels have several advantages over fossil fuels. For example, biofuels: produce less greenhouse gases overall than fossil fuels when they are burned. are alternative sources to fossil fuels - allowing for greater fuel security for countries with little or no oil reserves of their own