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Biofuels consist of a wide range of fuel types that obtain their contents from biomass, which are living or recently living organisms. Biomass covers anything from solids, liquids and gases. The development of biofuels will grow in demand, because they are an alternative to traditional fuel sources. … "Biofuel Development" will have a long-term positive impact on the this entity, which adds to its value. This statements will have a short-term positive impact on this entity, which adds to its value.