Increasing industrialization and unsustainable consumption patterns of natural resources are enhancing the environmental problems due to depletion of resources and energy. The unsustainable use of renewable resources is creating problems to biodiversity environment and human health. Industrial production of hydrocarbon yielding plants as sources of fuel is considered to be one of the best strategies to provide the paradigm to put our society on the path of sustainability. Solar energy, accumulated under earth in the form of fossil fuels since the inception of life, accounts for more than 97% of the world consumption of energy of which the share of oil is about 39%. The biomass accounts for 43% of the total energy supply in the developing countries as compared to only 1% in the development countries (Hall, 1982).