Biodiesel poised for "explosive" growth in the next ten years, futurist forecasts
June 08, 2007 (PRLEAP.COM) Business NewsThe nascent U.S. market for biodiesel is growing at a staggering rate energy, an expert tells THE FUTURIST magazine.
More than 80% of all commercial trucks and city buses run on diesel gas. This suggests a huge potential market for biodiesel both in the U.S. and abroad according to emerging markets futurist Will Thurmond. "The nascent U.S. market for biodiesel is growing at a staggering rate—from 25 million gallons per year in 2004 to 78 million gallons by the beginning of 2005. By the end of 2006 biodiesel production was estimated to increase fourfold to more than 1 billion gallons," Thurmond writes in "Biodiesel's Bright Future," part of the July-August issue of THE FUTURIST magazine, on newsstands now.
Pick up the July-August issue of THE FUTURIST for $4.95 at bookstores and newsstands, or write the World Future Society, 7910 Woodmont Ave., Suite 450, Bethesda, MD 20814. You can also order online or purchase a PDF of "Biodiesel's Bright Future" from the FUTURIST's Web site,
THE FUTURIST is a bimonthly magazine focused on innovation, creative thinking, and emerging social, economic, environmental, and technological trends.
Among the thinkers and experts who have contributed to THE FUTURIST in the past year are: MIT architecture scholar William G. Mitchell and Joel Garreau on urban planning; Ray Kurzweil, John Smart, and J. Storrs Hall on the Singularity; Daniel Barnett of the Johns Hopkins Bloomberg School of Public Health on flu pandemic; Andrew Bacevich and Center for Strategic International Studies senior fellow Edward N. Luttwak on U.S. defense posture; Pulitzer Prize nominee James Martin on the existential challenges of the twenty-first century; NRDC vehicles campaign director Deron Lovaas and Wesleyan economist Gary Yohe on energy independence; New Atlantis editor Christine Rosen and New York Times Company futurist-in-residence Michael Rogers on media futures; and U.S. Comptroller General David M. Walker on U.S. fiscal policy, among many, many others.
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