Australia's clean fuels opportunity upgraded to $36bn

Australia’s $36B low carbon fuel opportunity - Energy Magazine

Image: Arisa/stock.adobe.com A domestic low carbon liquid fuel (LCLF) industry could contribute up to $36 billion to the economy and reduce emissions by 230Mt by 2050 – but only if it acts […] The post Australia’s $36B low carbon fuel opportunity appeared first on Energy Magazine.

Report plots $36 billion biofuel market - Ecogeneration

Image: Scanrail/stock.adobe.comAustralia is gearing up to become a global force in low carbon liquid fuels (LCLFs). New modelling indicates a potential $36 billion domestic market by 2050 – driven largely by the agricultural sector. A recent report commissioned by the Clean Energy Finance Corporation (CEFC) outlines a blueprint for scaling a sovereign low carbon liquid fuel (LCLF) industry to support decarbonisation across hard-to-electrify sect…

Australia's clean fuels opportunity upgraded to $36bn

Australia has a $36 billion opportunity to build a sovereign low-carbon liquid fuels industry by 2050, according to a new report commissioned by the Clean Energy Finance Corporation (CEFC). The Deloitte report found that with the right policy and investment settings, low-carbon fuels could deliver 230 million tonnes of emissions savings, reduce Australia’s dependence on fuel imports and generate new jobs in regional manufacturing and refining. “…