The creation of a refinery that can produce 100 million litres of sustainable aviation fuel as soon as 2028 is another step toward creating an Australian green industry.
Construction on the renewable fuel refinery in Queensland is scheduled to start in 2026 under the deal between the Queensland government, Boeing and the owners of Toowoomba's Wellcamp Airport.
It follows a feasibility study funded by the state government.
The project will not be the only sustainable aviation fuel undertaken in Australia, however, with Ampol, GrainCorp and IFM Investors also investigating its production, and BP planning a renewable fuels facility in Western Australia.
Sustainable aviation fuel, which is produced using agricultural and industrial waste, can reduce carbon emissions from air travel by 80 per cent compared to traditional jet fuel.
The fuel is expected to be in high demand worldwide to meet the aviation industry's goal of achieving net zero by 2050.
The proposed refinery would be constructed in Brisbane following an undisclosed investment from Boeing and a $760,000 grant from the Queensland government...
Good old Taxpayer gets shafted again !!
*** Aviation uses billions of litres of fossil jet fuel per year...
Analysis by Frontier Economics found an Australian sustainable aviation fuel industry could create more than 7400 jobs and add $2.8 billion to Australia's economy by 2030.
LINK
Accelerate the World's Transition to Sustainable Energy - to fight Anthropogenic Climate Change, page-37083
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