The world is currently behind the research for replacement for fossil fuels as it is creating several environmental impacts worldwide. A few days ago, you would have noticed in the news that Toyota has launched their first electrified flex-fuel Innova HyCross MPV that can run using Ethanol fuel. This indicates that biofuel may slowly and gradually become a permanent solution, and the vehicles run by fossil fuels will be stopped entirely. The arrival of this electrified flex-fuel Innova HyCross will prompt other car companies to think about producing new cars that might run with the help of Ethanol.
Let us understand how Ethanol impacts the world in the future
Create Employment Opportunities
As the world progresses in the pursuit of eco-friendly energy sourcing, massive investments will be injected into the global economy, which will pave the way to employment. Job opportunities may arise in Agriculture, Manufacturing, Research, Technology, and Logistics. According to the statistics, global Ethanol production has increased to more than 100 Billion in the preceding years and is highly likely to rise. The USA ranks at the top in Ethanol production, and millions of people are working, contributing to the growth of the chemical industry. More importantly, innovations are happening in the world of technology, and its further progress will create more job counts associated with Ethanol.
Economic Feasibility
Looking into the world market for fossil fuel, it may not be viable for the users as it is getting depleted and less in resources. So, the prices cannot be put minimal and kept high when it comes to Biofuels, which are comparatively way less than currently used fuel as they require only minimal funding after initial construction. However, back then, ethanol production had a tough time because of the changes in feedstock prices, which consumed heaps of energy. More importantly, considering the modern-day challenges, the government is taking the initiative to reduce carbon emissions and boost green energy, which makes ethanol more feasible.
Solution As an Ethanol
Ethanol is vital for the future, but how it works may need to be clarified. Firstly, there is no doubt that Ethanol is a renewable energy source and acts as an alternative to fossil fuels. Secondly, knowing that fossil fuel will end one day and have to switch to another energy source might promote enhanced ethanol production in huge capacity and lower the environmental challenges. The intellectual discussion and research would be going on with experts worldwide on how Ethanol can be more effective than a substitute for fossil fuel and how it serves others well.
The future of Ethanol seems promising considering the impending challenges of environment and energy security. As per the current knowledge, Ethanol as a biofuel has the capacity to reduce carbon emissions and will be completely switching over to green energy from fossil fuels. But the point to focus on is Whatever activities related to Ethanol shouldn't harm the environment, and optimal land use will be crucial to unleashing the potential. The smooth journey of Ethanol will surely rely on a well-balanced mix of innovation support from the higher authorities. It will eventually become Ethanol as a significant renewable energy source.
