Economic and social aspects of applying biodiesel fuel in road transport

Abstract

The world trend in automotive industry represents the improvement of the existing vehicle power plants and their further development as well as the use of various alternative fuels. Such tendencies should not be considered only from an entirely technical aspect, but also from the economic, social and strategic aspects of the modern society. In this sense it is necessary to give priority to biodiesel fuel. The production of biodiesel fuel has to be developed in compliance with the increasingly severe exhaust emission standards in designing and realization of road transport means. From the economic aspect at macro-economic level, the development of biodiesel will reflect on the condition of industrial production, employment, additional inflow of financial means into agriculture and the economic development of rural areas, as well as the foreign currency reserves of a country along with the reduction in the dependence of macroeconomic parameters on the external factors. © 2010 Springer-Verlag.