NEWS Press releases Dec 9 2009

Study: Global biofuels reduce GHGs by 123.5 million tonnes

TORONTO – December 9, 2009 – Just in time for the critical climate talks now underway in Copenhagen, new data once again confirms the significant greenhouse gas (GHG) reductions from global biofuels production.

Prepared by (S&T)2 Consultants Inc., an internationally recognized energy and environmental consulting firm, the report demonstrates that world biofuels production in 2009 has reduced global GHG emissions by 123.5 million tonnes representing an average reduction of 57% compared to the emissions that would have occurred from the production and use of equal quantities of petroleum fuels.

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