Queensland to partner US Navy in massive biofuel initiative

Published: Comments:
Business & Economy Energy & Water Queensland Government

NOTE: This article is older than 12 months
Social:   

Queensland’s future as the biofuel hub for the Asia-Pacific has further been advanced with the signing of a high-level agreement between the Palaszczuk Government and the United States Navy.

Premier Annastacia Palaszczuk and United States Deputy Under Secretary of the Navy for Management Thomas Hicks today signed a Statement of Cooperation as part of the Great Green Fleet initiative.

The Great Green Fleet is a US Navy commitment to source 50 per cent of fuel from renewable sources by 2020.

“This is a huge vote of confidence in our developing biofuels industry and puts Queensland in the box seat to supply the Pacific fleet,” the Premier said.

“The partnership we have signed with the US Navy underlines the huge potential to build a new industry that will make Queensland the biofuel hub of the Asia Pacific.

“I have long been talking about the need to diversify our economy, create new industries, and lock in the next wave of long-term, export-orientated job opportunities.

“The signing of this partnership between Queensland and the US Department of the Navy is a giant stride towards reaching those goals.”

Ms Palaszczuk first discussed Queensland’s role in the Great Green Fleet initiative at a meeting with Mr Hicks at the Pentagon in June last year.

“Since then, there have been significant advances in the development of an industry that I believe will be a huge player in our economic future,” the Premier said.

The Government has dedicated almost $20 million in four funds to stimulate key areas of the state’s industrial biotechnology and bioproducts sector and launched a 10-year Roadmap to develop the industry.

“We have also been able to lure Southern Oil Refining from NSW and the $16 million pilot plant they are building at Yarwun has a key role to play in this emerging giant of an industry,” Ms Palaszczuk said.

The agreement, signed at a Parliament House ceremony, outlines the parties’ commitment to explore the research, development, supply and sale of advanced “drop-in” alternative fuels.

Premier and Minister for the Arts
The Honourable Annastacia Palaszczuk

 
Annastacia Palaszczuk : Queensland Premier and Minister for Trade :
PO Box 15185, City East, Queensland 4002, Queensland Wide
07 3224 4500
Annastacia Palaszczuk : Queensland Premier and Minister for Trade
Showing 10+ recent articles for this business
Access to staff information will benefit Queensland's elderly 19 July 2019 | All private aged care homes in Queensland will be asked to publicly report their staffing information under legislation proposed by the State Government. More information...
New Queensland trade commissioner in Hong Kong 19 July 2019 | Premier Annastacia Palaszczuk today announced Ms Julia Herries had been appointed Queensland Trade and Investment Commissioner – Hong Kong. More information...
$200,000 awarded to restore Qld military memorials and honour boards 17 July 2019 | The restoration of numerous veterans’ memorials sites across Queensland can soon begin with funding from the first round of a new grants program announced today. More information...
Independent reports endorse natural disaster management 15 July 2019 | The Inspector-General Emergency Management (IGEM) reviews were ordered following the 2018 Bushfires and 2019 North Queensland Floods. More information...
Historic signing of 'Tracks to Treaty' commitment 14 July 2019 | The Queensland Government has today commenced the journey towards negotiated treaties with First Nations Queenslanders. More information...
State invests another $38 million to strengthen Queensland disaster resilience 14 July 2019 | Communities right across Queensland will share a $9.5 million disaster mitigation fund for 62 regional projects designed to greatly improve various infrastructures’ ability to withstand extreme weather events... More information...
Premier Pays Tribute to Tracey Vieira 11 July 2019 | Premier Annastacia Palaszczuk has thanked Tracey Vieira for her outstanding leadership of Screen Queensland. More information...
Queensland exports continuing to boom 03 July 2019 | Trade figures released today by the Australian Bureau of Statistics show Queensland’s overseas goods exports hit a new 12-monthly record of $85.8 billion to May 2019 – up more than 16 per cent on the same time... More information...
Major health boost for growing Fraser Coast community 02 July 2019 | More patients than ever before are being treated at the Hervey Bay Hospital Emergency Department (ED) thanks to an investment of nearly $45 million by the Palaszczuk Government. More information...
It’s time to deal with mobile phone distraction on our roads 30 June 2019 | Following a horror run on Queensland roads, the state government is set to introduce a new penalty on drivers who use mobile phone devices behind the wheel. More information...



Social:   
comments powered by Disqus

All articles submitted by third parties or written by My Sunshine Coast come under our Disclaimer / Terms of Service