By US Grains Council | July 14, 2022
US Grains Council Regional Director for Southeast Asia and Oceania, Caleb Wurth, presented the important role fuel ethanol plays in decarbonizing the transportation sector and enhancing energy security during a Group of Twenty (G20) workshop entitled “Biofuels for a green economy”.
Indonesia will host the G20 Leaders’ Summit in November, and its Ministry of Energy and Mineral Resources (ESDM) has invited Wurth to attend the workshop as part of a series of expert-led seminars on the clean energy transition leading up to the main event. .
Wurth highlighted the short-term implementation period for the use of fuel ethanol and the importance of swift action on transport emission reduction commitments, highlighting the preparation of fuel ethanol in as a tool to immediately adopt and capture environmental benefits, given its low carbon intensity compared to conventional emissions. essence and other aromatics.
“Now is the time to address humanity’s effects on our planet, and we have the tools to do so if we only seize our moment,” Wurth said. “We believe that biofuels are – today – a real viable transition solution.”
Wurth also pointed to the economic benefits of fuel ethanol blending, a critical consideration for developing countries in particular.
“In addition to environmental savings, ethanol provides economic savings, which is essential for many countries. Ethanol is clearly the most cost-effective octane component for fuel today. Many countries with policies biofuels are now using the availability of competitive global ethanol prices to help subsidize higher cost local production,” Wurth said. “Ethanol is a feasible strategy towards decarbonization for developing countries – achievable today.”
Wurth also held up the country as an example of a progressive biofuels industry and market development.
“I would like to thank the Republic of Indonesia for playing a global leadership role in decarbonization. Much of this progress has been achieved through a progressive biofuel policy,” Wurth said. Indonesia for having recently developed its own biofuels roadmap, to which we are eager to contribute, if necessary.”
The workshop also included presentations and panel discussions with industry experts on global developments regarding sustainable aviation fuel and biofuels policy.