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The article presents a speech by Dr. S. Ganeshan, president of the Indian Institute of Chemical Engineers (IIChE), delivered at the Chemical Engineering Conference (CHEMCON) in Mumbai, India on December 27, 2008, in which he discussed the environmental impact of producing biofuel, utilization of alternative hydrocarbons, such as tar sands and gas hydrates, for the manufacture of petroleum and development of a legislation which prevents the disposal of chemical wastes into the water.