Biofuels - The Way Of The Future

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2nd February 2010, 07:23pm - Views: 848





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MEDIA RELEASE


FOR IMMEDIATE RELEASE

2 February 2010 


BIOFUELS – THE WAY OF THE FUTURE


The Biofuels Association of Australia today said it was delighted with the level of support given to the

industry by Australia’s Federal Opposition.


“Australia has the opportunity to be at the forefront of biofuel production and use with the perfect climate

for the generation of feedstocks that do not conflict with land used for food” said Heather Brodie, CEO of

the BAA.  “The study proposed by the Opposition will be absolutely crucial in advancing the needs of the

industry and we welcome this strong commitment to biofuels.”


“Ninety eight percent of the energy currently used in the transportation industry still derives from fossil

fuels, and transportation is responsible for more than a quarter of the world’s greenhouse gas emissions. 

Biofuels are capable of significantly reducing the carbon emissions of Australian transport, as well as

providing additional flexibility and supply to the Australian fuel market as worldwide peak oil supply is upon

us” Ms Brodie said.


“The overwhelming majority of cars and heavy transport can already take a blended fuel with either

ethanol or biodiesel.  By 2020 most cars will be able to take E85 blended fuel and mainstream heavy

transport will be able to take a minimum of B50 blends or more.   Our research, using figures from the US

EPA, has shown that we can reduce emissions by anywhere between 30 and 75 million tonnes of carbon

dioxide each year.  A local supply chain also means less impact from international market volatility and

fluctuations on the pricing of fuels.”


“We need to galvanise investment into the industry and to do that we must have a clear and well grounded

regulatory and legislative environment to allow investment to take place for the long term.  We must bring

about clear pricing signals and appropriate fiscal initiatives to encourage low carbon solutions.  


Most importantly, it is absolutely imperative that the first generation biofuels market be strongly

established in order to build confidence in the industry and to institute a market base from which next

generation biofuels can learn and develop such as algal based biofuels.”


“We need to recognise that locally produced, environmentally sustainable and economically viable

transport fuels will actually be necessary in order to meet our petroleum demands in the future – and as an

integral part of any plan to lower our emissions.”  


The Biofuels Association of Australia Incorporated is the peak industry body representing ethanol and

biodiesel producers, feedstock suppliers, technology providers, independent and major oil companies,

equipment manufacturers, mining and construction companies and others.


Media Contact: Heather Brodie, CEO BAA, 0437 932 949 heatherbrodie@biofuelsassociation.com.au






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