International Energy Agency: Need Major Scale Up in Global Biofuels Production
by Joanna Schroeder (DomesticFuel.com) Today, the International Energy Agency (IEA) released their Tracking Clean Energy Progress report in New Delhi that details the increased role that biofuels will need to play in reducing greenhouse gases (GHG) as part of their Climate Change Scenario by 2020. The Global Renewable Fuels Alliance (GRFA) applauded this finding, stating that biofuels are already significantly reducing global GHG emissions.
According to the report, globally, the world is not on track to meet the IEA’s goal of holding global climate change to a 2°C rise by 2020. According to the IEA’s Energy Sector Carbon Intensity Index (ESCII) average CO2 emissions have only improved by 0.02 tonnes of CO2 per tonne of oil equivalent in the last 20 years. In order to reach the 2020 target the IEA recommended that annual biofuels production needs to more than double and advanced biofuels capacity must increase six-fold. READ MORE and MORE and MORE (Global Renewable Fuels Alliance) Download report
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Chapter 2: Carbon Capture and Storage