Energy Grants Credit Scheme - Alternative fuels

Country	Australia
Year Implemented	2006
Policy Status	Ended
Date Ended	1 July 2010
Agency	•Australia Taxation Office
Policy Supersedes	Diesel and Alternative Fuels Grant Scheme Energy Grants Credit Scheme
Policy Type	•Incentives/Subsidies   •Grants
Policy Target	•Bioenergy   •Biofuels for Transport
Policy Sector	•Transport
Description	The energy grants credits scheme (EGCS) for alternative fuels provides a fuel grant for businesses using alternative fuels for road transport. The amount of the grant, set in 2006, reduces over five years to reach zero in 2010. Grant rates vary depending on the type of fuel. As of 1 July 2009 these were: Biodiesel: AUD 3.702 cents per litre Ethanol: AUD 4.162 cents per litre Grants can be claimed for the purchase or import of an alternative fuel into Australia, used in an eligible vehicle for the purpose of carrying out business, eligible travel, and incidental use or other vehicle use integral to business or travel operations.
URL	www.ato.gov.au/businesses/content.asp?doc=/content/00123071.htm&page=2&H2