History was made this week with the signing of the Paris Agreement climate accord by 130 countries at the UN Headquarters in New York. The governments now have one year to ratify the accord. The Paris Agreement will enter into force on the 30th day after the date on which at least 55 Parties to the Convention accounting in total for at least an estimated 55 percent of total global greenhouse gas emissions have finalized their adoption of the accord. In response, the global biofuels community is calling on these countries to include biofuels as part of their greenhouse gas reduction goals.
Nearly a third of global GHGs come from the transportation sector making it a key area of focus in efforts to reduce emissions. Studies have shown that biofuels, like ethanol, are proven to reduce harmful GHGs from 40 percent to 90 percent compared to fossil fuels according to the Global Renewable Fuels Alliance (GRFA).
“It is clear that the biofuels industry generally, and ethanol specifically, will continue to have a significant role to play in international efforts to transition away from carbon-intensive fossil fuels in the transport sector,” said Bliss Baker, GRFA spokesperson. “As countries look to take policy steps to reduce GHG emissions in their transport sectors, the GRFA will continue to provide technical support for the adoption of ethanol-supportive policies that will maximize the advantages of biofuel technologies.”
At the end of March, U.S. President Barack Obama and Chinese President Xi Jinping agreed to historic reductions in GHG emissions. President Obama pledged that the U.S. would cut its emissions by 26 percent by 2025 compared with 2005 levels. In turn, President Jinping promised that China’s emissions would peak by 2030 and fall after that, the first time China has agreed to any emission reduction targets.
However, as the Renewable Fuels Association (RFA) points out, the U.S. did not include the roll biofuels would play in its Intended Nationally Determined Contribution (INDCs), a plan submitted by each country outlining how it would meet emission reductions. So far 37 countries have included biofuels in these plans. Continue reading