Biofuels Association of Australia hails bipartisan approach on the taxation of biodiesel and ethanol produced – via Biofuels Digest

In Australia, the Biofuels Association of Australia said an agreement on biofuels will see the excise rate payable on biodiesel phased in in equal increments over the next 16 years, beginning at 0% in 2015-16 and increasing to 50% of the diesel excise rate in 2030-31. Read more here.

The US should take a page out of Australia’s book – via Biodiesel Magazine

Australia’s long-term approach to phasing in biodiesel excise tax should teach the U.S. government a thing or two about the imperativeness of policy certainty for biodiesel growth… Read more here.

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To achieve tangible and useful outcomes, the biofuels industry in Australia must work collaboratively with all involved. The BAA works in the interests of its members, so it is in your best interests to join us and help drive the national conversation on biofuels.

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BIODIESEL

Biodiesel is produced from renewable plant or animal feedstocks containing fatty acids using a process of condensation called transesterification. Post 1986 diesel engines can run on biodiesel, including cars, trucks, heavy machinery, and ships.

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ETHANOL

Ethanol is an alcohol made by fermenting sugar and starch components. Ethanol can be used as a fuel for vehicles in its pure form as a replacement for gasoline, but it is usually blended with gasoline to improve vehicle emissions and power.

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The Biofuels Association of Australia has been formed for the purpose of providing leadership as the peak representative body facilitating the building of a sustainable, economically viable Australian biofuels industry, consistent with national and community interests and environmental standards.

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