, Ethanol Production Grants , Biofuel Capital Grants , Fuel Tax Reform
Country:Australia
Year:2003 (September 18th)
Policy status:Ended
Jurisdiction:National
Date Effective:2003 (September 18th)
Date Ended:2015 (July 1st)
Policy Type:Economic Instruments>Fiscal/financial incentives>Grants and subsidies, Economic Instruments>Fiscal/financial incentives, Economic Instruments>Fiscal/financial incentives>Tax relief
Policy Target:Transport, Energy Sector>Electricity Generation>Renewable, Transport>Fuel (conventional and alternative)
Agency:Department of Industry
URL:http://www.ato.gov.au/Business/Fuel-schemes/In-detail/Cleaner-fuels-grants-scheme/Cleaner-fuels-grants-scheme-guide/
Legal References:Energy Grants (Cleaner Fuels) Scheme Act 2004
Description:

The cleaner fuels grants scheme encourages the manufacture or importation of fuels that have a reduced impact on the environment. If you manufacture or import cleaner fuels that meet the relevant fuel quality standard under the Fuel Quality Standards Act 2000, you may be entitled to a cleaner fuels grant.

Eligible cleaner fuels are: biodiesel and renewable diesel.

There is no cleaner fuel grant for fuel ethanol, however there is a production grant for domestic production of fuel ethanol. This grant is administered by the Department of Industry. The Australian Government is proposing to index excise duty rates for fuels every six months. If this occurs there will be a corresponding increase in the cleaner fuels grants scheme

Last modified: Tue, 02 Feb 2016 15:14:06 CET