Source: Global Renewable Fuels Alliance

A new report from the International Energy Agency (IEA) last week confirmed that sustainable biofuels could displace over a quarter of the world's transportation fuels by 2050 and will "not compromise food security." The Global Renewable Fuels Alliance (GRFA) applauded some of the reports key findings.

The IEA report stated that, "by 2050, biofuels could provide 27 percent of total transport fuel" and "the projected use of biofuels could avoid around 2.1 gigatonnes of CO2 emissions
per year when produced sustainably." According to Bo Diczfalusy, the IEA's director of sustainable energy policy, this means that biofuels "will eventually provide one fifth of emission reductions in the transport sector."
 
Original news release