Economic Impact Biofuels are used and created by using everyday agicultural products and solely using these products for fuel rather than food, while cause an inflation in food prices and even higher poverty rates. Many wars have been fought for oil. One being crude oil and petroleum. With the new and recent biofuel innovations, this will relieve tension on foreign dependency for oil. Biofuels may be the answer to peace in the future.  |
Political Impact America is a two party country. There will always be supporters and refuters. Biofuels are always going to be controversial, and that means swaying opinions. With new findings in the biofuel world, more and more countries will want to follow in our footsteps and even buy our new fuel. So now it is up to government officials to decide who does what with our biofuels. Social Impact The creation and the investment in biofuels will relieve the already deminishing fossil fuel epidemic. Meaning lower gasoline prices and less pollution, thus a better ozone layer. In the long run this will benifit because it will reduce UV radiation which is a known cause to skin cancer. As we can see, biofuels can even help the prevention of harmful diseases. There are always going to be people and there are always going to be cars. With that being said, there is such a high demand for fuel for our vehicles. Biofuels will create effienctient fuel and thus cars will have to be designed to be able to handle this new fuel. New cars being built means more jobs for people which is always a plus. |
