Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Friday, March 26, 2010

1 billion gallons of camelina biofuels, $5.5 billion in new revenue, 25,000 jobs by 2025: new report

Biofuels Digest
March 23, 2010

Biomass Advisors, the research division of Biofuels Digest, projected that one billion gallons of Camelina biofuel would be produced for the aviation and biodiesel sectors by 2025, creating 25,000 new jobs; producing over $5.5 billion in new revenues and $3.5 billion in new agricultural income for U.S. and Canadian farmers.

The projections are contained in “Camelina Aviation Biofuels Market Opportunity and Renewable Energy Strategy Report,” released today by the research group.

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