Biofuel industry wants legislation to increase ethanol in petrol mix
The world’s biofuel industry is being accused of driving up world food prices and causing instability and starvation in developing nations.
Here in Australia, the Federal Departments of Agriculture and Resources are conducting their own review of the industry, due later this year.
But Peter Anderton, the chief executive of biofuel manufacturer, AgriEnergy Limited, claims the government could fix the industry’s problems by changing just one piece of legislation to make it more competitive.
“At the moment, ethanol is restricted to ten per cent in Australia,” he said.
“We’re the only country in the world where that’s happened.
“Now if we had legislation that allowed us to sell E-85, 85 per cent ethanol, in Australia, we could sell fuel in regional areas for one dollar a litre.”
Source: ABC Rural
Tags: australia, bio-fuel, petrol mix