What is ABFA’s role in combatting climate change?
The members of the Advanced Biofuels Association collectively recognize the significant and growing challenge the world is facing from the impacts of climate change. Biofuels are needed to meet our carbon reduction goals, particularly in certain sectors where electrification is less well-suited. We welcome the responsibility and opportunity to be part of the solution as many of the world’s most innovative low-carbon liquid transportation fuel companies.
Indeed, we are firm in our belief that there is no one-size-fits-all solution for this global issue of reducing carbon emissions. Electrifying light-duty vehicles will make a significant contribution, but other transportation sectors – especially heavy-duty trucks, non-road vehicles, aviation and shipping – will require a different approach. The fuels of the future must also deliver the required power, range, and performance without sacrificing safety. To put it succinctly: we will need low-carbon alternatives for the full suite of liquid fuels.
While our goal is an all-of-the-above approach and we are fuel agnostic, ABFA recognizes a unique opportunity for advanced biofuels to help reduce emissions from those fuels hardest to electrify to provide low carbon transportation fuels for our future. By rewarding behavior in every sector — energy, electricity, autos, agriculture, and manufacturing — we believe we can find the solutions of the future to reduce the threats of climate change in the future of the world.