Executive Search Firm News - Biofuels Use Touted to United Nations

Biofuels Use Touted to United Nations

Biofuels can be used to meet the world’s ever-expanding energy needs, according to biotechnology industry experts.

“Biofuels such as ethanol made from both grains and crop residues or energy crops can reduce worldwide reliance on oil, produce income for farmers and rural economies, and reduce net carbon dioxide and other greenhouse gas emissions,” said Jim Greenwood, president and CEO of the Biotechnology Industry Organization in a statement to the U.N. Commission for Sustainable Development.

According to BIO, biotechnology has much to offer:

• Biomass can potentially supply as much as 60 percent of worldwide energy use.
• Biotechnology will allow farmers to harvest two crops – one for food, the other for fuel.
• Biofuels can reduce carbon dioxide emissions by 90 percent.

“BIO supports the production of ethanol from all feedstocks. Agricultural biotechnology is helping to increase corn yields, while industrial biotechnology is helping to convert corn starch and crop residues into ethanol more efficiently,” Greenwood stated.

“With ongoing advances in biotechnology, biofuels can help the world meet its growing energy needs. Biofuels can help America meet nearly half its transportation-fuel needs by the middle of this century.”

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