A new report forecasts global ethanol consumption will reduce greenhouse gas (GHG) emissions this year by over 106 million tons.

The Global Renewable Fuels Alliance (GRFA), in cooperation with (S&T)2 Consultants Inc., released their Global Green House Gas (GHG) Emissions Reduction Forecast for 2014 as the International Transport Forum Summit begins today in Germany.

The annual report shows the reduction in global GHG emissions from global ethanol production is increasing. This year’s figure reveals that 90.38 billion litres of global ethanol production and use in 2014 will reduce global GHG emissions by over 291,000 tonnes per day. Compared to 2013, this is an increase of over 7000 tonnes per day in GHG emission savings.

According to GRFA, the 106.4 million ton GHG emissions reduction is equal to over 21 million cars being removed from the world’s roads in 2014, about 58,000 per day.

“We believe International Transport Forum Summit participants should call for an increase in ethanol production and use given the significant contribution ethanol is making to reducing global GHG emissions today,” said GRFA spokesman Bliss Baker. This year’s theme for the International Transport Forum Summit is “Transport for a Changing World”.