QLD Ethanol petrol mandate suspended

[csv8]

Ethanol petrol mandate suspended
Jessica Marszalek
October 28, 2010 - 11:48AM
A plan to force large petrol companies to include ethanol in their fuel in Queensland has been suspended.

Treasurer Andrew Fraser said the plan, proposed in 2006, would have required retailers with 10 or more sites to include five per cent ethanol in their fuel from December 31.

Under the mandate, regular unleaded petrol could have also been sold, and smaller retailers would not have been affected.

Mr Fraser said the plan was devised at a time when tax arrangements were firmly in favour of domestic ethanol.

But the federal government planned to progressively close that gap, subjecting both domestic and imported ethanol to the same 12.5 cents per litre excise by 2020, he said.

That could see the Queensland policy being frustrated with the mandate being met through imported ethanol, Mr Fraser said.

He said groups were split on the mandate and the public benefit test had concluded the proposal to be essentially neutral.

"The government has therefore resolved to suspend the implementation of the ethanol mandate," he said.

"The initial suspension will be in place for at least 12 months."

Mr Fraser said the suspension did not detract from the government's commitment to renewable fuels but its idea did need reconsideration.

AAP
What??QLD finally does something right!!!!!!!!!!!!!!!!!!!!!!!

[flappist]

Ah so that is the reason they have given.

It was neutral in the "public benefit" test.

"public benefit" is a rough translation of "state government revenue"

[SSD-85]

Something for us to think about while the QRN IPO sneaks through....

[flappist]

Originally Posted by Scotty85

Something for us to think about while the QRN IPO sneaks through....

Yeh, I had a train set when I was a child.

Of course if it came will all the land you could make some bloody good high speed road on either side of the tracks. No tight corners or steep hills....

[SSD-85]

Originally Posted by flappist

Yeh, I had a train set when I was a child.

Of course if it came will all the land you could make some bloody good high speed road on either side of the tracks. No tight corners or steep hills....

Too true Flappy, and we could "take care" of the little stooges who throw rocks at the train in the process

Ah the fabled dream of a madman.

[trippytaka]

Grrr... ethanol is not an environmentally friendly, or sustainable option anyway. Look at the amount of good food-producing land it takes up to grow the crops, let alone the energy and emissions created to grow it, process it and transport it. Grrr...

[excopau]

Originally Posted by trippytaka

Grrr... ethanol is not an environmentally friendly, or sustainable option anyway. Look at the amount of good food-producing land it takes up to grow the crops, let alone the energy and emissions created to grow it, process it and transport it. Grrr...

Actually you are wrong, it depends on the government, ethanol is greener then oil out of ground, if the australian government backed the sugar cane farmers. Sugar cane is the best for ethanol production per acerage of land, and sugar cane is in abuduce in australia. But our government is dumb, all you have to do is go to brazil and have a look at there industry of ethanol made form sugar cane. It ends up being cheaper then oil and greener and gives your own country jobs instead of overseas.

[vztrt]

Originally Posted by excopau

Actually you are wrong, it depends on the government, ethanol is greener then oil out of ground, if the australian government backed the sugar cane farmers. Sugar cane is the best for ethanol production per acerage of land, and sugar cane is in abuduce in australia. But our government is dumb, all you have to do is go to brazil and have a look at there industry of ethanol made form sugar cane. It ends up being cheaper then oil and greener and gives your own country jobs instead of overseas.

The current E10 fuel is subsidised by the government. So what more do you expect them to do?

[flappist]

Originally Posted by excopau

Actually you are wrong, it depends on the government, ethanol is greener then oil out of ground, if the australian government backed the sugar cane farmers. Sugar cane is the best for ethanol production per acerage of land, and sugar cane is in abuduce in australia. But our government is dumb, all you have to do is go to brazil and have a look at there industry of ethanol made form sugar cane. It ends up being cheaper then oil and greener and gives your own country jobs instead of overseas.

Ethanol is green, unfortunately Australia is BROWN or have you not seen all the drought issues we have and have had since settlement.

All the tree hugging and climate change spin doctoring in the universe will not turn the most arid continent on earth into the garden of eden.