The American Biofuels Maritime Initiative (ABMI), a unified group of bioenergy stakeholders co-chaired by the American Biogas Council and the Renewable Fuels Association, announced its official launch today. The new group plans to work with President Trump’s Administration and Congress to establish strong policies that accelerate the use of American-made energy and biofuels in the global maritime sector – thereby establishing U.S. dominance in the future of international maritime shipping.
Adding biofuels such as ethanol, biomethane, bio-LNG, biodiesel, and renewable diesel, among others, to the existing maritime fuel portfolio can fill opportunity gaps and help shippers meet both their economic and environmental goals.
Maritime fuel policies and international frameworks are developing rapidly. Incentivizing the increased use of biofuels creates an enormous potential market opportunity for American-made energy produced from feedstocks grown in the United States like corn, sorghum, and soybeans, as well as the organic byproducts and farm waste from several domestic industries. The maritime sector represents a new opportunity to strongly position American farmers and fuel producers to lead in a developing market, leveraging existing infrastructure and encouraging new investments in energy and maritime sectors while enhancing the economic resilience of U.S. agriculture and rural communities.
Geoff Cooper, President and CEO of RFA and ABMI co-chair, said: “The maritime sector represents an enormous potential market opportunity for American-made renewable fuels produced from crops grown across America’s heartland. U.S. ethanol is one of the lowest-cost alternative maritime fuels available at scale and represents an incredibly competitive option for the shipping industry worldwide.”
American Biogas Council
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