“…The effects of this excessive dependence are already evident in the escalation of fuel prices, over the past decade and the severe environmental impacts like climate change. With a mere 23.7% utilization of renewable energy sources for energy needs, it is vital that world switches over to renewable and sustainable energy alternatives, on an urgent basis (Hussain et al, 2017;Oliva et al, 2017). Amidst the existing alternative sources for energy, bioenergy derived from the renewable and sustainable resources, LCB for the production of biofuels like biodiesel/ biogasoline, high value chemicals such as ethanol fuels, acids, saccharides, phenols, aldehydes, xylitol, and cellulose acetate with low carbon emissions are the most promising (Behera et al, 2014;Chen et al, 2017).…”