NEW YORK (DTN) -- The Global Renewable Fuels Alliance, an umbrella organization bringing together national ethanol associations, today announced the release of a report forecasting that global ethanol production would reduce greenhouse gas emissions by 100 million tons in 2012.
GRFA's annual Green House Gas Reduction Forecast report was released at the Global Conference on Agriculture, Food Security and Climate Change in Hanoi, Vietnam, said the group in a news release.
The report was written based on a study for GRFA done by (S and T) 2 Consultants Inc., an internationally renowned energy and environmental consulting firm based in Delta, B.C. in Canada.
The study shows the positive impact global ethanol production continues to have on reducing global greenhouse gas emissions, GRFA said.
It shows world ethanol production in 2012 will reduce global GHG emissions by over 276,000 tons per day, up 3,000 tons per day higher than 2011 estimates.
GRFA said GHG emission reductions of just over 100 million tons is the equivalent of approximately 20.2 million cars being taken off the road, comparable to the number of vehicles registered in Mexico or the total GHG emissions of The Philippines.
In 2011, world ethanol production was 84.5 billion liters and is estimated to have reduced GHG emissions by 99 million tons, reflecting a GHG reduction of more than 273,000 tons per day.
"This is all very good news because these figures clearly show that biofuels are continuing to play a critical role in reducing damaging GHG emissions around the world," said Bliss Baker, spokesperson for the GRFA.
He added, "In the wake of the United Nations Conference on Sustainable Development in Rio de Janeiro, this data confirms that to successfully combat climate change, biofuels must be part of our future energy mix."
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