USGC: APEC Roadmap Supports Development of Global Ethanol Markets
(U.S. Grains Council/Ethanol Producer Magazine) Constructing a national ethanol industry is a monumental task, but an effort that pays dividends economically and environmentally—as U.S. farmers and agribusinesses understand. The U.S. Grains Council is working alongside the U.S. government and with the Asia-Pacific Economic Cooperation to share the U.S. experience—and information about the benefits of policy with a role for trade—with quickly-growing markets throughout the Asia-Pacific rim.
APEC was established in 1989 to leverage the growing interdependence of the Asia-Pacific, and the organization’s 21 member economies aim to promote inclusive and innovative growth by accelerating regional economic integration. Since 2015, the U.S. ethanol industry and the U.S. government have worked with APEC to develop the roadmap to reach these goals through increasing the production, use and trade of ethanol as a transport fuel in the region.
“The roadmap is a critical component for any country looking to develop its own ethanol policy to reduce carbon emissions, improve human health and provide economic benefits throughout the value chain,” said Brian Healy, USGC manager of ethanol export market development.
The APEC Energy Working Group’s lead shepard presented the roadmap at the Ethanol Summit of the Americas in October 2017, which included representatives from 15 countries in Western Hemisphere interested in ethanol policies. While several of these countries are not APEC members, their governments recognize the tested methodologies as outlined in the roadmap for developing an ethanol approach.
The Council also uses the APEC Energy Working Group’s case studies to help world economies develop ethanol policies with a role for trade. The case studies detail five member economy experiences in building their own ethanol sectors, focusing on obstacles and challenges along the supply chain, from feedstock and infrastructure to policy frameworks that foster the creation of efficient domestic ethanol industries. READ MORE