Answer to Question #258482 in Microeconomics for Kky

Question

What are the advantages and disadvantages of biofuel in terms of addressing the challenge of sustainable development?

Answer 1

Biofuels provide a number of advantages.

• Biofuels, unlike most fossil fuels, are renewable, making them more efficient because they last longer.
• They support economic stability by increasing the number of people employed in the industry.

The drawbacks of using this sort of gasoline are as follows:

• Irrigation of biofuel crops necessitates large amounts of water, which might put a burden on the water supply if not managed properly.
• The fuel is derived from crops that require fertilizers for optimal growth. The fertilizer contains phosphorus and nitrogen, both of which are potentially dangerous elements.
• Biofuel generation is currently coupled with significant production costs.