The financial stakes of biofuel in aeronautics

The scarcity of oil leads to a major economic upheaval. If oil becomes scarce due to its exploitation, there may be profound micro-economic changes. The whole world will turn to new energy sources. Biofuel, one of these innovations, will gradually replace oil as an energy source. Today, if we take a look at the world, we can see that the atmosphere is degraded, oil is more and more expensive, and more and more harmful for the environment and for mankind... Politicians in different countries have become aware of this, and are trying to make people aware of the energy transition. Moreover, as we all know, the energy market is a market with high financial potential. Whether in oil, electricity or solar energy, companies are multiplying and billions of dollars are flowing into this market. In the future, biofuels are likely to have a big financial impact because of their innovative nature. The fact that a gasoline made from plants and algae could make planes fly was still only science fiction yesterday!