I very much doubt that, biofuels are renewable and there are many fast growing speices of trees and grasses, fossil fuels are not renewable.One can use pine cones and scrap twigs etc. to make biofuels. Cutting down big forrests and jungles are stupid though when you can grow stuff that gives higher yield in a short time.
In this time of gloabal warming there is new research findings though
the global warming might have prevented a new isage !!!
but it is still good to lessen the use of fossil fuel to propel veichels as
we a running out of oil, might be better to use it to make plastic
http://www.science.gu.se/english/News/?contentId=760313