Argent Energy cancels $73 million New Zealand biodiesel project, cites pro-import Biofuels Bill

August 4, 2008

In New Zealand, Argent Energy has cancelled plans for a $73 million investment in tallow biodiesel production, saying that government biofuel policies are favoring ethanol imports over domestic biodiesel production, and that government subsidies for imported fuels will; make domestic production unviable.

New Zealand may reject biofuels bill over environmental concerns

In New Zealand, the Parliamentary Commissioner for the Environment said that the Biofuel Bill should be rejected on the grounds that biofuels may be worse for the environment than fossil fuels. The Bi...

New Zealand passes Biofuels Bill; 0.5 percent mandate for ‘08 rises to 2.5 percent in 2012

In New Zealand, the national parliament passed the Biofuels Bill, which mandates a 0.5 biofuel component in 2008, increasing to 2.5 percent by 2012. Nbr.co.nz is reporting estimates on savings and cos...

New Zealand Biofuel Bill sets 3.4 percent biofuel target for 2012

The national Biofuels Bill will be introduced into Parliament next week, which will result in a 3.4 percent biofuel mandate target for 2012. In August, a 10 percent ethanol blend went on sale in Ne...

5 Mgy tallow biodiesel plant announced for New Zealand

In New Zealand, Ecodiesel announced a commercial-scale tallow-based biodiesel plant. The 5 Mgy plant will will commence operation in 2008 and will increase production to 10 Mgy in 2009. New Zealand pr...

It looks like algae for Air New Zealand test biofuel flight; Aquaflow Bionomic rumored to be fuel supplier

In New Zealand, Aquaflow Bionomic, a maker of algae-based biodiesel, is rumored to be the fuel supplier for the upcoming Air New Zealand biodiesel test flight. nbr.co.nz reported that the company h...

New Zealand lowers proposed 2012 ethanol mandate to 2.5 percent

In New Zealand, a parliamentary select committee reduced the Government's 2012 biofuel target from 3.5 to 2.5 percent, citing environmental concerns. The opposition National Party opposes the bill, sa...

Written by Jim Lane · Filed Under International