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Biofuels Alliance
April 4 , 2023
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- The Global Biofuel Alliance was announced under India’s G20 Presidency.
- The US and Brazil are joined this India-led initiative.
- The aim of this Alliance is to encourage cooperation and promote the use of sustainable biofuels, including in the transportation industry.
- The US and Brazil are the top 2 players in Biofuels.
- They lead in biodiesel and ethanol production.
- Together they accounted for 84% of the world’s ethanol production and 26% of the world’s biodiesel production.
- India, Brazil and the United States, are the leading biofuel producers and consumers in the world.
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