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Biofuels have been around as long as cars have. At the start of the 20th century, Henry Ford planned to fuel his Model Ts with ethanol, and early diesel engines were shown to run on peanut oil.
But discoveries of huge petroleum deposits kept gasoline and diesel cheap for decades, and biofuels were largely forgotten. However, with the recent rise in oil prices, along with growing concern about global warming caused by carbon dioxide emissions, biofuels have been regaining popularity.
Gasoline and diesel are actually ancient biofuels. But they are known as fossil fuels because they are made from decomposed plants and animals that have been buried in the ground for millions of years. Biofuels are similar, except that they're made from plants grown today.
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