“We applaud the FAO Director-General for stating what over 62 countries with biofuel-friendly policies have known for years — that biofuels deliver much needed rural jobs, significantly curb green house gas emissions, reduce our reliance on crude oil, and encourage energy diversity, “ stated Bliss Baker, spokesperson for the GRFA.
According to the GRFA, global biofuel production is making a significant contribution to the global economy, having contributed $277.3 billion and supported nearly 1.4 million jobs in all sectors of the global economy in 2010. By 2020 the global biofuel industry is forecasted to grow to support over 2.2 million jobs in all sectors of the global economy.
Additionally, according to F.O. Licht, global ethanol production was forecasted to reach 90.38 billion litres in 2014 and its use worldwide would reduce GHG emissions by over 106 million tonnes globally, equal to removing 21 million cars — the equivalent of all the cars registered in Malaysia — off the road annually.
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