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

 


Biofuels soon to be mainstream in New Zealand

3 April 2014

Media Statement


Biofuels soon to be mainstream in New Zealand

The Bioenergy Association Executive Officer Brian Cox welcomed today’s announcement by Z that it would be producing biodiesel on a retail scale as further confirmation that biofuels will soon be a mainstream fuel in New Zealand. Mr Cox said,

This commitment by Z to provide biodiesel at a retail level is another encouraging piece in the jigsaw. Commercial customers have previously shown that they enjoyed the benefits of biodiesel and it is great that it will again be on the market. The addition of biodiesel to the market by Z will complement the supply of biofuel in petrol already being supplied by Gull from some of its service stations. It’s a great step forward for the industry and for New Zealand motorists in general to see that biofuels will soon become more widely available.”

The announcement from Z also comes at a time when Norske Skog are investigating the feasibility of producing biofuels from wood.

“ Z use of tallow to produce biodiesel, Gull use of bioethanol produced from whey by Anchor Ethanol, and Norske Skog investigating the production of drop-in biofuels from wood all show that we can use our natural resources to meet our transport fuel needs.”

“40% of our energy demand is for transport so it is important that we focus more attention on producing this domestically rather than remaining dependent on fossil based fuels. The Bioenergy Association has been trying to encourage the Government to put as much focus on biofuels for transport as they put on fossil fuels. Biofuels are not yet instead of fossil fuels – for some time biofuels will be as well as fossil fuels.”

” The Bioenergy Association has identified that we could produce 30% of our transport fuel from our own natural resources by 2040.”

Mr Cox noted that “biofuels based on our natural resources will lead to additional employment, achievement of sound environmental outcomes, achievement of climate change goals, increased revenue for landowners, and regional economic growth at minimal cost.”


Background
The Bioenergy Association:

• Mission Statement is “to promote the maximum utilisation of all forms of sustainable bioenergy in New Zealand”.
• Vision is that “Bioenergy in all its forms is in widespread use across all sectors of NZ energy use by 2020.”
• has over 160 hundred members working across the length and breadth of the various supply chains.
• provides a central focus point for liaison with Government agencies, the dissemination of information amongst the industry and long-term positioning of bioenergy into New Zealand's energy system.
• has four Interest Groups which enables a focus on key areas:
• Liquid Biofuels
• Wood Pellets
• Biogas
• Wood Fuel.
• The Liquid Biofuel Interest Group is made up of New Zealand’s leading producers, retailers and wholesalers of biofuels.
• The NZ Bioenergy Strategy is available here
Further Details - For further information see www.bioenergy.org.nz and www.liquidbiofuels.org.nz

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Media: Fairfax Moves To Create Modern Newsroom

Fairfax Media New Zealand continues its newsroom transformation this week, with a proposal to further organise its editorial operations into focused, local teams and specialist national topic areas. More>>

ALSO:

Dairy: Fonterra Forecast For 2015/16 Season

Fonterra Co-operative Group Limited has today reduced its forecast Farmgate Milk Price for the 2014/15 season to $4.40 per kgMS. Along with its previously announced forecast dividend range of 20-30 cents per share, the change amounts to a forecast ... More>>

ALSO:

BusinessDesk: SkyCity Lifts Minimum Convention Centre Investment To $430M

SkyCity Entertainment Group, the casino operator, has lifted the minimum it will invest in the Auckland International Convention Centre to $430 million and said total costs including land may be $450 million to $470 million. More>>

Statistics: Drop In Dairy Prices Leads Fall In Exports

Total goods exports fell $240 million (5.5 percent) to $4.2 billion in April 2015 compared with April 2014, Statistics New Zealand said today. More>>

BusinessDesk: APN's NZME Sees Future In Paywalls, Growth In Digital Sales

APN News & Media has touted a single newsroom concept for its NZME unit in New Zealand, similar to what Germany's Die Welt uses, saying an 'integrated sales proposition' is helping it win market share, including ... More>>

Labour Party: Global Milk Prices Now Lowest In 6 Years

The latest fall in the global dairy price has brought it to the lowest level in six years and shows there must be meaningful action in tomorrow’s Budget to diversify the economy, says Labour’s Finance spokesperson Grant Robertson. “Dairy prices ... More>>


BusinessDesk: NZ Inflation Expectations Creep Higher In June Survey

May 19 (BusinessDesk) - New Zealand businesses lifted their expectations for inflation over the next two years, sapping any immediate pressure on the Reserve Bank to cut interest rates, and prompting the kiwi dollar to jump higher. More>>

BusinessDesk: Lower Fuel Costs Drive Down NZ Producer Input, Output Prices

May 19 - Producer input and output prices fell in the first quarter, mainly reflecting lower fuel costs and weakness in prices of meat and dairy products. More>>

Media: Fairfax Media NZ Announces Senior Editorial Team

Fairfax Media New Zealand has today confirmed its new editorial leadership team, as part of a transformation of its newsrooms aimed at enhancing local and national journalism across digital and print. More>>

Science: Flavonoids Reduce Cold And Cough Risk

Flavonoids reduce cold and cough risk Research from the University of Auckland shows eating flavonoids – found in green tea, apples, blueberries, cocoa, red wine and onions – can significantly reduce the risk of catching colds and coughs. The research, ... More>>

BusinessDesk: RBNZ House Alert Speech The Catalyst For Government Action

Prime Minister John Key all but conceded that pressure from the Reserve Bank of New Zealand for concerted action on rampant Auckland house prices was one of the main catalysts for the government's weekend announcements about tightly ... More>>

BusinessDesk: How To Fall Foul Of The New Housing Tax Rules: Tips From IRD

Just because you rented out your investment property doesn't absolve you from paying tax, says the Inland Revenue Department in a summary of commonly made mistakes by non-professional property investors when it comes to their tax liability.More>>

Legal: Superdiversity Law, Policy And Business Stocktake Announced

Mai Chen, Managing Partner at Chen Palmer New Zealand Public and Employment Law Specialists and Adjunct Professor of Law at the University of Auckland, today announced the establishment ... More>>

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news