As of 1st July 2012, to coincide with the roll out of Australia's Carbon Tax, the fuel tax credit regime will change for those businesses who are able to claim a fuel tax credit.

The ATO has confirmed that if using biodiesel and ethanol blends, savings can be made for those businesses who claim a fuel tax credit, encouraging the end user in the uptake of alternative fuels.

For instance:

For further information have a look at the ATO website at www.ato.gov.au/fuelschemes

Wilmar International, the world's largest palm oil processor and trader, has hired a major lobbying firm to overturn the Environmental Protection Agency's ruling that palm oil-based biodiesel will not meet greenhouse gas emissions standards under America's Renewable Fuels Standard, reports The Hill.

Reuters

Rapid growth in the U.S. biofuels markets has often pitted oil companies against small start-ups seeking a toehold in the gasoline markets, despite the need for both sides to work together, according to industry experts.

The Australian Government is calling for applications under the Advanced Biofuels Investment Readiness (ABIR) Program until 5pm, 30 April 2012 AEST.

The Biofuels Association of Australia today congratulated the Manildra Group of Companies on being the first in the world to achieve certification under the Roundtable on Sustainable Biofuels (RSB). The RSB is an independent third party certification scheme for biofuels sustainability standards, encompassing environmental, social and economic principles and was established in Lausanne, Switzerland.

ABC ONLINE - Posted February 01, 2012 12:17:27

A proposed $425 million sugar ethanol plant in north Queensland is set to go ahead after getting council and State Government approval.

In the past several months, the Hinchinbrook Shire Council has been preparing reports for the Government on the impact of the NQ Bio-Energy plant on local roads and traffic.

By Ben Geman - 25/01/12

The Environmental Protection Agency will publish data Friday showing that biofuels made from palm oil won't count towards the nation's renewable fuels mandate because they're not climate-friendly.