Scoop has an Ethical Paywall
Licence needed for work use Learn More

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

 

Biofuel Industry Critical to New Zealand's Energy Future

BIOFUEL INDUSTRY CRITICAL TO NEW ZEALAND'S ENERGY FUTURE, PURE ADVANTAGE SAYS

“We spend about the same on fuel imports as we generate from our meat exports, so all the hard work done by our farmers doesn’t even pay the gas bill. That makes no sense at all.”
- Geoff Ross, Pure Advantage Trustee

The charitable trust campaigning for a green economy, Pure Advantage, are endorsing the Government’s support of the biofuels industry, saying New Zealand’s potential to lead in the industry cannot be underestimated with the abundance of readily available resources.

Pure Advantage believes the time to revive the country’s economic and environmental performance is now and on-going support for New Zealand’s biofuel industry is critical to that. This view is in line with several other organisations that have also called on the government to renew its biofuel subsidy scheme, including the Bioenergy Association of New Zealand (BANZ), Ecodiesel and Gull Petroleum, as well as companies who have already begun to research and produce biofuels.

ENDS

Advertisement - scroll to continue reading

© Scoop Media

Advertisement - scroll to continue reading
 
 
 
Business Headlines | Sci-Tech Headlines

 
 
 
 
 
 
 
 
 
 
 
 
 

Join Our Free Newsletter

Subscribe to Scoop’s 'The Catch Up' our free weekly newsletter sent to your inbox every Monday with stories from across our network.