U.S. Grains Council, Growth Energy, Renewable Fuels Association issue statement on Japan’s new ethanol regulation
In Washington D.C., the U.S. Grains Council, Growth Energy and Renewable Fuels Association issued a joint statement about the decision by the Japanese government to allow U.S. ethanol to access 100% of the Japanese biofuel market.
Japan’s Ministry of Economy, Trade and Industry (METI) released its final proposed rule for partial amendment of the Act on Sophisticated Methods of Energy Supply Structures on March 30, 2023 – in place through 2028 – that allows the country to further contribute to its climate targets through consumption of lower-carbon ethanol.
“The U.S. ethanol community applauds the Japanese government for joining other countries in recognizing the role ethanol can play in the global effort to address climate change at the same time it takes steps to decarbonize its transportation sector. Countries around the world are recognizing that biofuels like ethanol are a simple, inexpensive and effective solution they can deploy today to help them lower their carbon emissions and meet their climate goals,” the statement reads.
“We will continue to work closely with Japan and other nations to find more ways for us to collaboratively decrease carbon emissions. The U.S. ethanol industry will engage with Japan on additional ethanol consumption efforts both within the on-road and sustainable aviation sectors as the country implements its new regulation.”
Category: Fuels
