The latest World Energy Outlook shows a clear need for the increased blending of biofuels in global transport fuels, according to Bliss Baker, the President of the Global Renewable Fuels Alliance (GRFA).
“The WEO’s projections of current and announced national energy policies illustrates clearly that far more aggressive, and immediate, action must be taken to mitigate GHG emissions to achieve the targets laid out in the Paris Agreement” Baker said. “With the transportation sector being a major driver of global energy demand growth, world leaders must embrace biofuels as a key policy solution to reduce GHG emissions.”
The WEO’s projections are based on models using existing and officially announced national energy policies around the world, and reaffirms past projections that found global energy demand would rise by 30% to 2040.