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IN MEETING GLOBAL EMISSIONS REDUCTION TARGET

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Presentation on theme: "IN MEETING GLOBAL EMISSIONS REDUCTION TARGET"— Presentation transcript:

1 IN MEETING GLOBAL EMISSIONS REDUCTION TARGET
OCEANS DIALOGUE 28 JUNE 2018 | CANBERRA BIOFUELS ROLE IN MEETING GLOBAL EMISSIONS REDUCTION TARGET SHAHANA MCKENZIE CEO BIOENERGY AUSTRALIA

2 ABOUT BIOENERGY AUSTRALIA
AUSTRALIA LAGS BEHIND THE WORLD WHEN IT COMES TO BIOENERGY WE ADVOCATE WE CAMPAIGN WE INFORM WE CONNECT WE ARE COMMITTED TO ACCELERATING AUSTRALIA’S BIOECONOMY

3 PARIS AGREEMENT: AUSTRALIA’S TARGET
2020 target: reducing emissions by 5% below 2000 levels 2030 target: reducing emissions by 26-28% below 2005 levels Australian emissions Mt CO2 per sector in 2017 How can biofuels help? Additional benefits: Stronger fuel security (reduction of our reliance on imported fuels by up to 18%) Creation of over 8,000 direct and indirect jobs Generation of $1.1 billion of additional revenue for rural and regional communities Attraction of $1.56 billion of investment - Reduction in total GHG emissions by 8.9 million tonnes CO2 - 26% decrease of vehicle exhaust particulate emissions

4 MERCHANT SHIPPING IN THE TRANSPORT SECTOR
Australia Fuel Sales by Type Merchant shipping routes around the world Merchant shipping - Approx 80% of international trade, with >85,000 registered vessels - The industry consumes 330 Mt of marine fuel a year, of which 77% is heavy fuel - Accounts for 2-3% of global CO2, 4-9% of SOx, and 10-15% of NOx emissions

5 BIOFUELS IN THE MARINE SECTOR

6 THANK YOU SHAHANA MCKENZIE CEO BIOENERGY AUSTRALIA
OCEANS DIALOGUE 28 JUNE 2018 | CANBERRA THANK YOU SHAHANA MCKENZIE CEO BIOENERGY AUSTRALIA


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