NEW DELHI, Sept 9 — India announced today the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use of cleaner fuels. The alliance, with the United...
NEW DELHI, Sept 9 — India announced today the launch of a global biofuel alliance at a G20 summit in New Delhi to boost the use of cleaner fuels.
“We are launching the Global Biofuel Alliance. India invites all of you to join this initiative,” Prime Minister Narendra Modi said in his remarks to leaders from the Group of 20 major economies at the summit. The International Energy Agency estimates in a July report that global sustainable biofuels production would need to triple by 2030 to put the world’s energy system on track towards net zero emissions by 2050.
India is targeting to become carbon neutral by 2070 and is expanding use of biofuel in its transport sector. It has advanced the deadline by 5 years to 2025 for doubling nationwide ethanol blending in gasoline to 20 per cent.
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