Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Ethanol-blended petrol one step closer to sale

Ethanol-blended petrol one step closer to sale

The Energy Efficiency and Conservation Authority (EECA) says the Government's decision not to apply excise tax to ethanol which will be blended into petrol removes the last potential barrier to the sale of ethanol-blended petrol in New Zealand.

Late last month the Environmental Risk Management Authority (ERMA) approved EECA's application for the manufacture, release, handling and use of petrol-ethanol blends not exceeding 10% ethanol by volume. This means that ethanol can be blended with petrol, up to a maximum of 10 percent, and sold in New Zealand service stations.

EECA Chief Executive Heather Staley says the ERMA approval removed the last regulatory barrier to the sale of the fuel, and the Government's decision will hopefully remove the financial uncertainty for oil companies.

"I hope that today's Cabinet decision will mean ethanol-blended petrol will go on sale in New Zealand before the end of the year. This will finally give New Zealand motorists a choice when filling up their cars.

"If ethanol-blended petrol goes on sale at the same price as ordinary petrol New Zealanders can make an environmental choice with no impact on their wallet.

"The ethanol that will be blended with petrol in New Zealand will be from renewable sources - making it the first renewable transport fuel to go on sale in New Zealand. This will be an important step forward for both renewable energy and the transport fuel industry and will help reduce net CO2 emissions," Ms Staley said.

EECA is working with oil companies to ensure information about the fuel will be provided to consumers at the point of sale and that the motor trade industry has the information they need to help their customers.

Ms Staley says EECA is improving energy choices. For more information about ethanol-blended petrol visit and look in the 'on the road' section.

© Scoop Media

Business Headlines | Sci-Tech Headlines


Postnatal Depression: 'The Thief That Steals Motherhood' - Alison McCulloch

Post-natal depression is a sly and cruel illness, described by one expert as ‘the thief that steals motherhood’, it creeps up on its victims, hiding behind the stress and exhaustion of being a new parent, catching many women unaware and unprepared. More>>


DIY: Kiwi Ingenuity And Masking Tape Saves Chick

Kiwi ingenuity and masking tape has saved a Kiwi chick after its egg was badly damaged endangering the chick's life. The egg was delivered to Kiwi Encounter at Rainbow Springs in Rotorua 14 days ago by a DOC worker with a large hole in its shell and against all odds has just successfully hatched. More>>


Trade: Key To Lead Mission To India; ASEAN FTA Review Announced

Prime Minister John Key will lead a trade delegation to India next week, saying the pursuit of a free trade agreement with the protectionist giant is "the primary reason we're going" but playing down the likelihood of early progress. More>>



MYOB: Digital Signatures Go Live

From today, Inland Revenue will begin accepting “digital signatures”, saving businesses and their accountants a huge amount of administration time and further reducing the need for pen and paper in the workplace. More>>

Oil Searches: Norway's Statoil Quits Reinga Basin

Statoil, the Norwegian state-owned oil company, has given up oil and gas exploration in Northland's Reinga Basin, saying the probably of a find was 'too low'. More>>


Modern Living: Auckland Development Blowouts Reminiscent Of Run Up To GFC

The collapse of property developments in Auckland is "almost groundhog day" to the run-up of the global financial crisis in 2007/2008 as banks refuse to fund projects due to blowouts in construction and labour costs, says John Kensington, the author of KPMG's Financial Institutions Performance Survey. More>>


Health: New Zealand's First ‘No Sugary Drinks’ Logo Unveiled

New Zealand’s first “no sugary drinks logo” has been unveiled at an event in Wellington... It will empower communities around New Zealand to lift their health and wellbeing and send a clear message about the damage caused by too much sugar in our diets. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news