Canadian Renewable Fuels Association (CRFA)

Canadian Renewable Fuels Association (CRFA)

February 25, 2009 11:13 ET

Biofuels Industries Form Global Renewable Fuels Alliance

SAN ANTONIO, TEXAS--(Marketwire - Feb. 25, 2009) - Countries representing over 60 percent of global biofuels production announced today the formation of the Global Renewable Fuels Alliance (www.globalrfa.org). The Alliance will promote and support biofuels friendly policies internationally so that all countries can harness the significant economic, environmental and social benefits of biofuels production.

Industry associations from Canada, the United States, and twenty-seven European countries have come together to respond to the growing need for a voice for biofuels in the international arena. The new Alliance will actively promote policies that advance global investment in biofuels to create urgently needed "green jobs" while at the same time reducing harmful Green House Gas emissions. Of particular interest is the enormous opportunity that exists today in developing countries where reducing the reliance on imported oil can have a significant positive impact on the economy and the agricultural sector.

"The fact is, the world is on an unsustainable track with its' addiction to oil and we must break that addiction," declared Alliance spokesperson Bliss Baker. "When 38 of the 47 poorest countries on earth rely on crude oil imports for energy something has to change," Baker said.

All oil-importing nations remain extremely vulnerable to the highly concentrated petroleum economy and biofuels can reduce this vulnerability while providing increased employment and economic value of producing fuel domestically. This vulnerability was evidenced by last year's run up in oil prices that wiped out all of the benefits of debt relief over night for most African nations.

The good news is that according to the World Bank biofuels industries require about 100 times more workers per unit of energy produced than the fossil fuel industry. The ethanol industry is credited with providing more than 200,000 jobs in the United States and half a million direct jobs in Brazil alone. This represents an enormous opportunity for developing countries.

In that regard, the Global Renewable Fuels Alliance is calling on the World Bank to make investments in developing countries' biofuels infrastructure a top priority.

The Global Renewable Fuels Alliance is a non-profit organization dedicated to promoting biofuels friendly policies internationally. Alliance members represent over 60% of the global biofuels production from 29 countries. Through the development of new technologies and best practices, the Alliance members are committed to producing renewable fuels with the smallest possible ecological footprint.

Contact Information

  • Global Renewable Fuels Alliance
    Bliss Baker
    (647) 309-0058 (Canada country code "1")
    Website: www.globalrfa.org