The National Party is urging the Federal Government to go even further to encourage alternative fuels.
The Government plans to subsidise LPG conversions by up to $2,000 and encourage solar power, oil exploration and ethanol.
But Nationals Senator Ron Boswell says that is not enough.
"What he's [John Howard] doing with gas is good, but it's only at the margins," Senator Boswell said.
"We really have to get fair dinkum about ethanol and biofuels because we're only playing at the edges at the moment."
He says the Government should push oil companies to buy more ethanol.
Labor also says the Government should go further but its leader, Kim Beazley, has welcomed the first step.
"Any bit helps - I'm glad to see the Prime Minister is finally doing something about it," Mr Beazley said.
The Greens' Kerry Nettle has claimed credit for the idea.
"It's something that the Greens have been calling for for sometime, so it's fantastic to see the Government coming on board with that," Ms Nettle said.
The Government has been under extreme pressure over petrol prices.
Dave R.
- Forums
- ASX - General
- ASX
- which companies deal in auto lpg
which companies deal in auto lpg
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASX (ASX) to my watchlist
|
|||||
Last
$61.22 |
Change
-0.320(0.52%) |
Mkt cap ! $11.86B |
Open | High | Low | Value | Volume |
$61.58 | $61.92 | $61.19 | $63.26M | 1.032M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 23666 | $61.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$61.42 | 5200 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 19821 | 61.210 |
2 | 3799 | 61.200 |
1 | 1579 | 61.190 |
1 | 1222 | 61.180 |
1 | 1221 | 61.170 |
Price($) | Vol. | No. |
---|---|---|
61.420 | 5200 | 1 |
61.540 | 1579 | 3 |
61.550 | 499 | 1 |
61.570 | 414 | 1 |
61.580 | 1522 | 2 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
ASX (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online