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<br>In [current history](https://www.abnnewswire.net/companies/en/31347/%E0%B8%9A%E0%B8%A3%E0%B8%B4%E0%B8%A9%E0%B8%B1%E0%B8%97-Mission-NewEnergy-%E0%B8%88%E0%B8%B3%E0%B8%81%E0%B8%B1%E0%B8%94.html/4) biofuels such as [biodiesel](https://www.nasdaq.com/market-activity/ipos/overview?dealId=804419-65608) and bioethanol have become industry worldwide. Many countries have taken a keen interest in their [continued manufacture](https://www.businessnews.com.au/Company/Mission-NewEnergy) and usage, including developing [nations](https://www.marketscreener.com/quote/stock/MISSION-NEWENERGY-LIMITED-178469/company/) such as Brazil which is seen as a world leader in [biofuel](https://www.proactiveinvestors.com.au/ASX:MBT/Mission-NewEnergy-Ltd) development. Even smaller countries such as the UK currently utilize around one and a half million litres of [biofuel](https://www.pinterest.com.au/missionnewenergy/) a year and objective to increase this three-fold within the next 10 years.<br> |
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<br>But wait, there's an issue.<br> |
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<br>There is however a considerable problem |
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