(Notícia em Inglês)
Australia's biofuel production is forecast to more than double by 2015 as new capacity is installed and demand for alternative fuels increases, a private consultancy forecast in a report.
Australia's biofuel annual capacity is forecast to rise to 1.519 billion litres by 2015 from 636 million litres this year, APAC Biofuel Consultants said, adding that this would see more demand for sugar cane and soybeans as biofuel feedstocks.
"Biofuels are increasingly contributing to the Australian transport fuel mix, replacing imports, assisting fuel security and providing environmental advantages," APAC joint chief executive Mike Cochran said in the report.
Australia's crude oil production is declining, leaving biofuel production well placed to displace imported oil, which currently meets about 40 per cent of the country's oil demand.
Biofuel demand in Australia grew 34 per cent in 2009/10 from 2008/09, more than double the global growth rate.
businesspectador.com.au»
Australia's biofuel production is forecast to more than double by 2015 as new capacity is installed and demand for alternative fuels increases, a private consultancy forecast in a report.
Australia's biofuel annual capacity is forecast to rise to 1.519 billion litres by 2015 from 636 million litres this year, APAC Biofuel Consultants said, adding that this would see more demand for sugar cane and soybeans as biofuel feedstocks.
"Biofuels are increasingly contributing to the Australian transport fuel mix, replacing imports, assisting fuel security and providing environmental advantages," APAC joint chief executive Mike Cochran said in the report.
Australia's crude oil production is declining, leaving biofuel production well placed to displace imported oil, which currently meets about 40 per cent of the country's oil demand.
Biofuel demand in Australia grew 34 per cent in 2009/10 from 2008/09, more than double the global growth rate.
businesspectador.com.au»