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Biofuels and transport: an Australian opportunity (report) | 534.6 KB |
The Clean Energy Finance Corporation (CEFC) and the Australian Renewable Energy Agency (ARENA) sought analysis from GHD about the global and Australian biofuels sectors, including the challenges and opportunities for the further development of the Australian biofuel industry.
GHD considered the magnitude of the challenge to develop a thriving biofuel industry in Australia, including sustainability constraints. It assessed the level of Australian biofuel production consistent with a global transport carbon reduction strategy and considered how biofuels can complement other technologies in the transport sector in particular.
In addition, the report canvassed the potential development of an Australian biofuel industry, outlining policies that have been central to the successful development of the sector in other markets. The economic challenges and broader societal benefits of biofuels relative to fossil fuels were also explored.
Key findings: