By Darren House

Petrol retailers will be encouraged to seek compensation to recover costs if the Queensland Government’s biofuel mandate fails as many industry operators have predicted.

The mandate, which comes into effect on January 1, 2017, requires all fuel retailers with 10 or more sites (or fuel retailers with any site selling more than 2ML of petrol per year) to sell methanol-blended petrol (such as E10) and biodiesel.

Three per cent of the total volume of regular unleaded petrol sales and ethanol blended fuel sales by liable retailers must be biobased petrol (ethanol). The diesel mandate requires 0.5 per cent of all diesel fuel sold to be biobased.

Read more here.

This story first appeared in C&I Week.