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June 21, 2010GRFA Urges G20 to Phase Out Oil Subsidies: Oil Subsidies to Reach $500b in 2010 June 15, 2010Oil Spill Reality Check: New Oil Rigs or New Fuels June 14, 2010Revised Gulf Oil Leak in Perspective: Two New Ethanol Plants |
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June 15, 2010 – Toronto – The Global Renewable Fuels Alliance (GRFA) issued its top ten list of offshore oil sites at risk today highlighting the world’s choice between building more offshore oilrigs or new sustainable biofuels plants.
“The choice is clear,” said Global Renewable Fuels Alliance spokesperson, Bliss Baker. “ We can continue to put our precious resources at risk by drilling deeper and further out to sea or we can build new biofuels plants that can reduce the need for this dangerous practice,” said Mr. Baker. “We can choose clean-ups or clean fuel.”
Global ethanol production is expected to hit 85.9 billion litres (22.6 b gallons) in 2010 or about 1 million barrels per day. In 2010 the ethanol industry alone will displace the need for over 370 million barrels of oil. That is the equivalent to replacing 100 offshore rigs that produce 10,000 barrels per day.
“This disaster in the Gulf is our wake-up call,” said Baker. “We have enormous potential today to grow sustainable biofuels from a variety of feedstocks. According to a Department of Energy Study, the U.S. alone could produce up to 494 billion litres (130b gallons) of cellulosic ethanol,” declared Mr. Baker.
The GRFA’s list of offshore drilling activity or potential activity includes several sites that operate in ecologically sensitive areas that would spell disaster should there be another blow out. The list includes:
The read more on these sites visit Top Ten Offshore Drilling Sites Most At-Risk backgrounder.
The Global Renewable Fuels Alliance is a non-profit organization dedicated to promoting biofuels friendly policies internationally. Alliance members represent over 65% of the global biofuels production from over 30 countries. Through the development of new technologies and best practices, the Alliance members are committed to producing renewable fuels with the smallest possible footprint.
Contact: Mr. Bliss Baker
Work: - (Country code “1”) 416-847-6497
Mobile: 647-309-0058
www.globalrfa.org
Email: info@globalrfa.org