Renewable fuel responds to energy report

decrease font size  Resize text   increase font size       Printer-friendly version of this article Printer-friendly version of this article

The global energy map is changing in dramatic fashion, according to a report issued Monday by the International Energy Agency (IEA). The ‘World Energy Outlook (WEO) report said the changes will increase North America’s role in the global energy system over the coming decades.

Renewable fuel advocates quickly responded to the IEA report saying that biofuels are able to both improve the global economy and environment. ”We cannot continue to rely on and subsidize a dependence on crude oil that continues to hamper economic growth when biofuels are already making a significant contribution to the global economy,” said Bliss Baker, spokesperson for the Global Renewable Fuels Alliance (GRFA)- a non-profit organization dedicated to promoting biofuel friendly policies internationally.

The GRFA forecasts that ethanol production alone will reduce Green House Gas (GHG) emissions by 100 million tons globally. This is a reduction of 276,000 tons of GHGs per day, which is the equivalent of approximately 20.2 million cars being taken off the road per year, according to GRFA.

“It has been clear for years that crude oil has been a drain on our economy and toxic to our environment. Biofuels offer a positive economic boost and cleaner air. We must quickly adopt policies that encourage the development of crude oil alternatives like biofuels for the sake of our economy and environment,” concluded Baker.

The WEO found that the extraordinary growth in oil and natural gas output in the United States will mean a sea-change in global energy flows. According to the report, the United States will become the world's top oil producer by 2017, become a net exporter of natural gas by 2020 and may become self-sufficient in energy by 2035.

Fossil fuels will remain dominant in the world energy mix and global oil demand will grow to 99 million barrels per day by 2035 by which time oil prices are expected to reach $125 per barrel, the WEO predicts. Iraq accounts for 45 percent of the growth in global oil production to 2035 and becomes the second-largest global oil exporter, overtaking Russia.

The WEO presents authoritative projections of energy trends through to 2035 and insight into what it means for energy security, environmental sustainability and economic development. The report covers all energy sources, together with an update on climate change issues.

Buyers Guide

Doyle Equipment Manufacturing Co.
Doyle Equipment Manufacturing prides themselves as being “The King of the Rotary’s” with their Direct Drive Rotary Blend Systems. With numerous setup possibilities and sizes, ranging from a  more...
A.J. Sackett Sons & Company
Sackett Blend Towers feature the H.I.M, High Intensity Mixer, the next generation of blending and coating technology which supports Precision Fertilizer Blending®. Its unique design allows  more...
R&R Manufacturing Inc.
The R&R Minuteman Blend System is the original proven performer. Fast, precise blending with a compact foot print. Significantly lower horsepower requirement. Low inload height with large  more...
Junge Control Inc.
Junge Control Inc. creates state-of-the-art product blending and measuring solutions that allow you to totally maximize operating efficiency with amazing accuracy and repeatability, superior  more...
Yargus Manufacturing
The flagship blending system for the Layco product line is the fully automated Layco DW System™. The advanced technology of the Layco DW (Declining Weight) system results in a blending  more...
Yargus Manufacturing
The LAYCOTE™ Automated Coating System provides a new level of coating accuracy for a stand-alone coating system or for coating (impregnating) in an automated blending system. The unique  more...
John Deere
The DN345 Drawn Dry Spreader can carry more than 12 tons of fertilizer and 17.5 tons of lime. Designed to operate at field speeds up to 20 MPH with full loads and the G4 spreader uniformly  more...
Force Unlimited
The Pro-Force is a multi-purpose spreader with a wider apron and steeper sides. Our Pro-Force has the most aggressive 30” spinner on the market, and is capable of spreading higher rates of  more...
BBI Spreaders
MagnaSpread 2 & MagnaSpread 3 — With BBI’s patented multi-bin technology, these spreaders operate multiple hoppers guided by independent, variable-rate technology. These models are built on  more...

Comments (0) Leave a comment 

e-Mail (required)


characters left

Pacesetter Grain Hopper

The Pacesetter Gain Hopper features original and innovative ideas like the patented RollerTrap™, the industry’s easiest to open and maintain trap ... Read More

View all Products in this segment

View All Buyers Guides

Feedback Form
Feedback Form