G20 : India's proposed GLOBAL BIOFUEL ALLIANCE | Comments from BIOFUELS JUNCTION
Biofuels Junction Pvt Ltd is a leading manufacturer and value-added supply chain provider of solid biofuels, which are a cost-effective & environment-friendly substitutes to fossil fuels used in Industrial boilers and burners. India is expected to announce the "GLOBAL BIOFUEL ALLIANCE" during the ongoing G20 summit.
Collaborations within the global Biofuel Alliance and with other nations will play a pivotal role in India's clean energy transition, enabling technology exchange, expediting the adoption of eco-friendly biofuels, reducing reliance on fossil fuels, and aligning with climate and energy objectives. This partnership also presents opportunities to bolster rural economies, combat environmental issues, reduce greenhouse gas emissions, enhance air quality, augment farmer incomes, and fortify energy independence through sustainable practices and international cooperation. In recent years, Compressed Bio-Gas (CBG) has emerged as a viable alternative to imported fossil natural gas, offering nearly net-zero emissions and enhancing energy security in India. CBG's domestic production and environmental benefits position it as a crucial element in India's goal to increase the gas share in its energy mix to 15 percent by 2030, enhancing energy security and sustainability.
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