Biofuels are an alternative to fossil fuels, petroleum, coal, and natural gas. They are also the primary source of power today. Biofuels are created from recently dead or living plant material and animal waste. As biofuels emit less carbon dioxide (CO2) than conventional fuels, they can be blended with existing fuels as an effective way of reducing CO2 emissions in the transport sector. 
It differs from fossil fuels, which are derived from long-dead plant and animal matter. Biofuels take up 3% of road transport fuels in use worldwide, and it is also taking up over 10% of the total world energy demand. The different types of biofuels are the most common ones made with crops and are called conventional biofuels. There is also a newer version called second-generation biofuels with waste and garbage. These more advanced biofuels are likely to become the primary form of biofuels in the future as they can improve their sustainability. One of their achievements in recent years is using conventional biofuel technologies; this land use would allow 5% of transport fuel demand to be met. If second-generation biofuel technologies were available, this could rise by 10%. Biofuels of today’s success has mainly happened without plant biotechnology, but the next-generation biofuels will change biotechnology’s future. The next generation is made of Older versions of biofuels with oils that have affected climate change as in greenhouse gasses and have a purled environment. It will also affect biotechnology’s future by making the government and STDC sign an agreement to manage the $500M NextGen Biofuels Fund. I will facilitate the establishment of first-of-kind, large scale demonstration facilities to produce next-generation biofuels and co-products in Canada. Improve the sustainable development impacts arising from the production and use of biofuels in Canada. Encourage retention and growth of technology expertise and innovation capacity for the production of next-generation biofuels in Canada.
Sources:
- https://www.greenfacts.org/en/biofuels/l-2/1-definition.htm
- https://www.shell.com/energy-and-innovation/new-energies/biofuels.html#iframe=L3dlYmFwcHMvMjAxOV9CaW9mdWVsc19pbnRlcmFjdGl2ZV9tYXAv
- https://letstalkscience.ca/educational-resources/stem-in-context/biofuels-alternative-energy-source
- https://www.nrcan.gc.ca/next-generation-biofuels-fund/3643