With the dire news that the world’s airlines will eek out, at best a razor thin 0.5 per cent profit margin this year, the pressure to develop sustainable biofuel for the aviation industry will certainly increase. Recent research pointed out that in 2011, spending in the US on biofuel research actually contracted 10 per cent compared to 2010, partly due to the ending of US government stimulous money, which was partly put into biofuel research. Although lower oil prices earlier this … [Read more...] about Of fuel and emissions