Today, the International Energy Agency (IEA) released its Tracking Clean Energy Progress report and in response, the Global Renewable Fuels Alliance (GRFA) said that it confirms government institutions are not doing enough to further the development of clean energy.
The report states that biofuels for transport are not on track to meet their share of CO2 reduction required to meet the agency’s goal of an average of 2 degree Celsius rise in global temperature by 202o. To achieve this goal, biofuel production will need to double and advanced biofuel production would need to quadruple over current capacity.
According to IEA, a key action is for governments to develop stronger policies to support the development of the advanced biofuels industry. Based on the climate 2 degree Celsius scenario posed by the agency, biofuel use will increase to nearly 240 billion litres in 2020, which if produced sustainably, will lead to an approximate 0.1 GT reduction of CO2 emissions.
“The GRFA applauds the IEA for putting the world on notice that it is falling behind with biofuels production,” said Bliss Baker, spokesperson for the organization. “With the threat of climate change growing, it is imperative that we reduce our CO2 emissions with alternatives to crude oil such as biofuels.”
Baker continued by stating that the report reaffirms GRFA’s call to develop biofuels policies that will reduce reliance on crude oil, and supports the need for biofuels as part of a clean energy future.