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Wednesday, October 18, 2017

Investorideas.com - Countries reject plans for the expansion of aviation #biofuels

Investorideas.com - Countries reject plans for the expansion of aviation #biofuels




Countries reject plans for the expansion of aviation #biofuels

Biofuels are not the solution to airlines' growing CO2 emissions



OAKLAND, Calif. - October 18, 2017 (Investorideas.com Newswire) On October 13, 25 countries convened by the UN International Civil Aviation Organization (ICAO) rejected the 2050 Vision on Sustainable Aviation Fuels that included volume-based targets for biofuels proposed by the ICAO Secretariat.


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The ICAO Secretariat's proposal intended to see 128 million tons of biofuels a year being burned in plane engines by 2040, going up to 285 million tons (half of all aviation fuel) by 2050. By comparison, some 82 million tons of biofuels are currently used every year in transport worldwide. The proposal would have led to an unprecedented expansion in biofuel production, more than likely in poorer countries. It would have accelerated the expansion of industrial palm oil which is major driver of land grabbing across the tropics, threatening the lives and livelihoods of millions in the developing world.





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