Renewable fuel strategy to reduce emissions
The NSW Government has launched a strategy to accelerate the production and use of renewable fuels in the state, to drive down emissions and underpin industrial activity.
Minister for Climate Change and Energy Penny Sharpe said, “The Minns Labor government is boosting local production of renewable fuels to diversify the economy and deliver new jobs, growth and enhanced energy security for our state.
“This strategy shows our commitment to building a robust and resilient renewable fuels industry right here in NSW.”
The Renewable Fuel Strategy outlines 20 actions to scale up the state’s renewable fuel industry, including:
- expanding the Renewable Fuel Scheme to include biomethane;
- up to $170 million in funding for renewable fuel and biomethane production in NSW;
- funding research and innovation to improve industry capability, including crop research and development trials to test and demonstrate biomass production opportunities in partnership with primary producers; and
- supporting the expansion of GreenPower certification to additional renewable fuels and co-products.
The strategy was developed in collaboration with government and industry stakeholders and informed by feedback gathered from a 2024 discussion paper. It invites collaboration across industry, researchers, investors and communities to make renewable fuels a core part of NSW’s clean energy future.
“This is a win-win-win opportunity: a win for jobs, a win for fuel security and a win for the planet,” Sharpe said.
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