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In addition, biofuel is a renewable energy source that is fast gaining traction due to its pertinence in the transportation space. Biofuels are widely expected to lower carbon emissions and reduce the dependence on fossil fuel products by a significant margin. In fact, Market Research Future expects the biofuel market to touch $246 billion by the end of 2027, growing at an annual rate of 7.8% in this period.
With this in mind, today I’ll analyze Gevo (GEVO) and Renewable Energy Group (REGI), to determine which biofuel stock is a better buy right now.
