ACAPMA supports government action in promoting the adoption of low carbon transport fuels such as renewable diesel.
The development of supply of low carbon renewable diesel for the Australian diesel market presents a real opportunity to deliver emissions reduction from the ‘hard to abate’ road transport and heavy machinery industrial sectors (e.g. Mining, Agriculture, Road Freight), especially given the forecast near zero availability of BEV and FCEV drivetrains for these applications. The added advantage of renewable diesel is that it is compatible with existing fuel supply infrastructure and diesel vehicles and machinery.
ACAPMA queries however whether the uptake of LCLF production, supply and demand is best encouraged and incentivised through an industry policy framework such as the Future Made in Australia program rather than as a carbon abatement GHG environmental framework.
ACAPMA argued that the provision of incentives for domestic production should seek to negate differences in the financial cost of domestic product and imported product – as opposed to providing a significant cost advantage for domestically produced LCLF’s within the national fuels market.
Explore the ACAPMA submission here.
Members are encouraged to reach out with comment to communications@acapma.com.au
ACAPMA
