Appropriateness of a 350 Million Litre Biofuels Target
In July 2003 the Commonwealth Scientific and Industrial Research Organisation, jointly with BTRE and the Australian Bureau of Agricultural and Resource Economics, were asked to investigate the appropriateness of maintaining an objective that biofuels, produced in Australia from renewable resources, contribute at least 350 ML to the total fuel supply by 2010. The joint study was initiated on 5 August 2003 with a final report required to be delivered on 19 December 2003. “Appropriateness” was to be considered in terms of net environmental benefits, net economic benefits, net regional benefits and industry viability. In turn, industry viability was to take into account announced reforms to fuel tax arrangements, including the phase out of effective excise relief.
- Appropriateness of a 350 Million Litre Biofuels Target [PDF: 3491 KB]