The NSW Government has announced it will develop a new renewable fuels strategy for the state, starting with the release of a discussion paper which it says lays the foundations for a thriving renewable fuel industry.
Minister for Climate Change and Energy, Penny Sharpe said renewable fuels were a critical component in achieving NSW’s goals for reducing emissions by 2030 and 2050. These include fuels produced through sustainable processes such as biomethane, sustainable aviation fuel, and biodiesel.
“The discussion paper is an opportunity to have your say. We encourage everyone, stakeholders and the community, to share their thoughts and ideas,” said Minister Sharpe.
“Together we can build a robust renewable fuel industry that drives emissions reduction and benefits our state.”
She said the NSW Government recognises the need for a strategy to diversify and scale up a renewable fuel industry in NSW to meet the emissions reduction targets.
“A strong renewable fuel industry in NSW offers new economic and job opportunities, improved fuel security and will accelerate decarbonisation.”
The renewable fuels strategy will look to build on the existing NSW Hydrogen Strategy to maintain support for hydrogen to deliver long-term abatement while expanding consideration to other renewable fuels for short- and medium-term abatement.
The Opportunities for a renewable fuel industry in NSW discussion paper is open for consultation until Friday 30 August 2024.
The discussion paper seeks feedback on what actions should be developed to support renewable fuels in NSW. This includes actions to support infrastructure, ways to drive demand and accelerate supply, and ensure NSW communities benefit from this new industry.
Feedback received on the paper will be reviewed and used to inform the development of an effective renewable fuel strategy, to create a thriving renewable fuel industry in NSW.
For more information and to make a submission, visit the NSW Climate and Energy Action website.
