In Australia, two key reports were released by the Government yesterday. The \u201cCorelli\u201d report found that a supportive biorefinery policy would result in the annual financial impact of more than $1.8 billion per year by 2035, supporting 6,640 full-time jobs, many in rural Queensland.<\/p>\n
The report, prepared by Deloitte, concluded that \u201cthe economic impact analysis assumes that the biorefineries operate without government subsidisation. While production is viable without ongoing subsidies, some government facilitation would assist in industry establishment\u2019 while noting that \u201cThere is a potential role for government in facilitating investment in the sector and ensuring policy settings do not impede private investment, for example through streamlining processes for environmental approvals.\u201d The report was launched in Parliament House on Monday by Ian Macfarlane, Minister for Industry, in remarks centered opportunities for the manufacturing sector<\/p>\n
The report is here.<\/a><\/p>\n Also, Australia\u2019s Department of Industry released the\u00a0Energy Green Paper last week<\/a>, focusing on efforts in coal, gas and the electricity market \u2014 but remarkably light on efforts on oil, transport fuels, emissions reductions & climate change. It\u2019s here.<\/a><\/p>\n The Australian Senate has set up an inquiry into Australia\u2019s Transport Energy Resilience and Sustainability, following the release of two NRMA Liquid Fuel Security Reports in 2013 and 2014 which found that a \u201cmarket based\u201d approach to energy security is not meeting Australia\u2019s needs.\u00a0The most recent NRMA report is here<\/a>.<\/p>\n The Digest\u2019s Take<\/strong><\/p>\n Australia\u2019s policies continue to be in flux following the victory of a conservative coalition in last year\u2019s elections. The government has taken the decision to the Australian Renewable Energy Agency and the Clean Energy Finance Corporation, yet is seeing the bioeconomy highly influential in any hopes of reviving Australia\u2019s manufacturing sector and addressing energy security on the petroleum side. If the Senate inquiry concludes that the market will not efficiently address the long-term and externalized challenges on energy security \u2014 it may well pose a headache for a government considered hawkish on security concerns.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" In Australia, two key reports were released by the Government yesterday. The “Corelli” r…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[],"supplier":[5136,8216,8193,8213,8214,8215],"class_list":["post-22724","post","type-post","status-publish","format-standard","hentry","category-bio-based","supplier-australian-renewable-energy-agency-arena","supplier-clean-energy-finance","supplier-deloitte","supplier-department-industry","supplier-nrma","supplier-parliament-australia"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/22724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=22724"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/22724\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=22724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=22724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=22724"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=22724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}