After posting over $60 million in losses, the Biodiesel company Earth Biofeuls has been sued by its investors for involuntary bankruptcy. Despite celebrity endorsements, the sale of biofeuls has remained dismal. Despite their losses, Earth Biofuels maintains that it will continue its operations and will strive to bring biofuels to the mass market.

The failure of biofuel companies to evolve into self-sustaining entities has serious implications for the alternative energy industry. With its proven advantages, huge numbers of famous supporters, and abundance of biodiesel-related companies, biofuels appear to be the among the most plausible forms of alternative energy. Despite its promise, one of the largest Biofuel companies in America has proven unprofitable. This signals just how far alternative energy developers still have to go in bringing down its costs.