Analysis of Future Mobility Fuel Scenarios Considering the Sustainable Use of Biofuels and Other Alternative Vehicle Fuels in East Asia Summit Countries - Phase III
The broader adoption of non-fossil fuel vehicles, such as those running on biofuels and electric power, is intricately connected to the achievement of Sustainable Development Goals (SDGs), notably Clean Energy Access (SDG 7), Sustainable Consumption (SDG 12), and Climate Change Mitigation (SDG 13). Conversely, the growing demand for electric vehicles as a replacement for internal combustion engine vehicles has led to an increased use of valuable raw materials.
This report presents the findings of a comprehensive 3-year study that focuses on the potential trade-offs that East Asia Summit (EAS) countries might encounter in the future. It assesses existing biofuel policies and implementation plans while estimating the ‘well-to-tank’ and ‘tank-to-wheel’ carbon emissions associated with biofuel usage and the mineral resources required for electrifying the mobility sector. Taking into consideration factors such as biofuel feedstock accessibility and mineral resource availability, the report also delves into the policy implications for pricing electric vehicles, developing associated infrastructure facilities, and devising new taxation systems.