Ethanol And Petrol Pricing

< BACK TO NATURAL RESOURCES starstarstarstarstar   Conservation - Natural Resources Press Release
15th January 2010, 10:11pm - Views: 839





People Feature Biofuels Association Of Australia 1 image




MEDIA RELEASE


FOR IMMEDIATE RELEASE

15 January 2010 



ETHANOL PRICING NOT A STATE ISSUE


The Biofuels Association of Australia today shrugged of recent claims that ethanol prices will skyrocket

when regular unleaded is phased out due to the impending Queensland mandate.


“The issue of pricing of ethanol and the upcoming mandate in Queensland of 5% are simply not going to

affect pricing in that way” said Heather Brodie, CEO of the BAA.  “Fuels and excise are a Federal

Government issue in the main, and are influenced by international pricing, world supply and demand

capacities, transport costs, wharfage and the like.”


“The only time that ethanol prices might change will be when the Federal Government’s currently

legislated grants scheme changes in July 2011” said Ms Brodie.  “Doing something good for the

environment by using biofuels might start to cost more as the Federal excise rate effectively increases over

the next five years.”  


“At that point in time prices may rise due to the fact that ethanol will cost more for the producer to

produce – simple as that.  The proof has already been seen in NSW - no price rises have been seen there

just by the implementation of their mandate and as an industry we certainly expect the same to occur in

Queensland.”


“At the moment transportation is the third largest emitter of greenhouse gases and is responsible for more

than a quarter of the world’s emissions” Ms Brodie said.  “Ninety eight percent of the energy used in the

transportation industry still derives from fossil fuels.  Immediate reductions of emissions can be achieved

through the use of alternative fuel sources such as ethanol and biodiesel blends, without impacting on any

food products.”  


“Australia has the opportunity to lead the world in the use of biofuels but at the moment we are well

behind the mature positions being taken in Europe, America, Asia and Brazil.”



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






news articles logo NEWS ARTICLES
Contact News Articles |Remove this article