Biofuels – Scratching Below the Surface
To understand why hedge fund managers and speculators like biofuels, it is necessary to understand what has always driven the fuel that Henry Ford envisioned would power his first Model T’s. Originally, biofuels were seen as the solution to the possibility of a dwindling supply of fossil fuels as well as rising cost of these fuels. But, biofuels come with their own set of challenges. To understand what is now driving this sector, we need to understand the environmental impact of biofuel development as well as the state of the fossil fuel marketplace.