Australian Labor Party reverses biofuels opposition

The Australian newspaper reports that the Australian Labor Party, facing an upcoming election later this year, has publicly endorsed the joint venture between BP and biofuels company Manildra. The Labor Party had refused campaign contributions from Manildra for many years.

Under the agreement, BP will market 15 million gallons per year of ethanol fuel.

The Australian Labor Party has been traditionally associated with renewable energy and pro-green policies, but in recent years the ruling center-right Liberal Party has embraced biofuels investment, and the Green Party has taken away much of the Labor Party’s traditiooal support among environmentalists.

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