Report: Already low biodiesel-use levels in Australia expected to further decline
USDA’s Foreign Agricultural Service released in mid-December its annual biofuels report for Australia. According to the report, both biodiesel and ethanol use are expected to have declined over the past year.
“Ethanol consumption in Australia is forecast to decline in 2021 at only 1.1 percent of the gasoline pool, and biodiesel use similarly is forecast to decline from already very low levels at only 0.1 percent of the total diesel pool,” the report summary states. “Australia has very large feedstock (grains and molasses) supplies for bioethanol as well as robust supplies of feedstock (canola, tallow and used cooked oil) for biodiesel production. However, only a very small amount of these [is] used for domestic biofuels production. There is no federal government subsidy, tax credit or mandate supporting the production or use of biofuels. Only two states have biofuel programs with ethanol and biodiesel mandates, but these mandates are far from being reached.”
Click here to access the full report.