Victoria announces grants for biofuels industry

Victoria’s biofuel industry will have access to a grants package totaling A$5 million (US$4.16 million) in a move that Australias state government hopes will create cleaner fuel alternatives and more regional jobs. Regional and Rural Development Minister John Brumby announced the Biofuels Infrastructure Grants recently, which is aimed at helping Victoria meet its 5% biofuels target by 2010. “A viable biofuels industry also has enormous potential to create new jobs and investment particularly in regional and rural Victoria,” says Brumby. Biofuels projects in Victoria include the creation of biodiesel plants at Barnawatha, Swan Hill and Geelong. (April 18, 2007)