India’s proposal for an alliance to promote biofuels has attracted several countries, including Brazil and Russia.
The possibility was opened by Indian Oil Minister Hardeep Singh Puri on Monday 6th, according to Reuters news agency.
The Indian minister had announced last October that India, the world’s third-largest oil consumer, would use its presidency at the G20 to try to establish an international biofuels alliance.
The focus on biofuels is also intended to help India transition to alternative fuels and reduce its import bill.
The country wants to reach the goal of net zero carbon emissions by 2070.
India’s plans to establish a biofuels alliance mirror the International Solar Alliance launched by New Delhi and Paris in 2015 to bring clean and affordable solar energy within reach.
India imports 85% of its crude oil needs but is gradually building capacity to increase biofuel production.
The country plans to build 12 biorefineries to produce fuel from crop residues, plant waste, and municipal solid waste.
According to Reuters, Puri said that the proposed biofuels alliance is not restricted to just producers and that any country can join.
“It can be to share experiences or anything,” he said.
“If your question is whether the alliance is off to a good start, my answer is: excellent.”
With information from Revista Oeste