8 Countries that Produce the Most Biofuels in the World

Bio fuels — liquid fuels made from everything from algae to corn — haven’t yet come anywhere close to replacing crude oil. But they’re being produced in increasingly large volumes around the globe.(Biomass is also used to produce electricity; we’ll have more details on biomass energy following our latest survey, which is still open for responses.) Insidermonkey experts made a list of 8 countries that produce the most biofuels in the world.

In 2010, the world produced 59,261,000 tons of oil equivalent in biofuels, a 13.8-percent increase over 2009, according to BP’s 2011 Statistical Review of World Energy. Just under 43 percent of that 25,351,000 tons of oil equivalent was produced in the US, where most biofuel is ethanol made from corn. You can also read our article on the countries that produce the most butter in the world.

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