Published on 22 Sep 2023 on Insider Monkey via Yahoo Finance

10 Best Biofuel Stocks To Buy Now

In this piece, we will take a look at the ten best biofuel stocks to buy now. If you want to skip our introduction to the biofuel industry, then take a look at 5 Best Biofuel Stocks To Buy Now.

Courtesy of advances in transportation, power generation, and manufacturing, modern day human society is significantly different from the living conditions and standard of life experienced by people living in the pre industrial era. Humans can now travel to all corners of the world easily, churn out thousands of products a day, warm their homes, and easily access warm water.

At the heart of all of these living upgrades are fossil fuels. Whether it's electricity or transportation, most systems use fossil fuels to generate power and create energy. This reliance has not been without its drawbacks, the biggest of which is climate change. While petroleum fuels have an immense amount of energy that is typically released through combustion, the by products of this combustion end up harming the environment. Sulfur based fuels cause toxic acid rain and other kinds of smoke cause breathing disorders and global warming - which often has catastrophic consequences in the form of natural disasters.