Wednesday, July 16, 2008

[PBN] Australia sees high oil price as catalyst for change

From: Energy Efficiency News - 14/07/2008

A new report from the Future Fuels Forum (FFF) commissioned by the Australian research organisation CSIRO suggests that high oil prices will be the catalyst to the development of alternative fuels, low emission vehicles and sustainable transport infrastructure.

The report, Fuel for thought – The future of transport fuels: challenges and opportunities (http://www.csiro.au/files/files/plm4.pdf) addresses how Australia can contend with rising oil prices and reduce greenhouse gas emissions across the transport sector.

John Wright, director of CSIRO’s Energy Transformed Flagship, believes that Australia’s transport fuel mix will have to change drastically.

“Australia's fuel mix will shift in the near term to include the expanded use of diesel, gaseous fuels such as LPG and hybrid electric vehicles, with even greater diversity beyond 2020 that might include hydrogen, synthetic fuels from coal or gas and advanced biofuels that will not impact food production,” he says.

The FFF report models the outcome of various scenarios of rising oil prices on prices and the effect on consumers.

“Results such as this could be seen as a catalyst for early action on the development and roll-out of alternative fuel options, low emission vehicle technologies and infrastructure that supports sustainable transport,” says Wright.

CSIRO and FFF hope that the report will spur the debate on Australia’s transport fuel policy and directions for future research.

For further information:

Additional Interesting news can be sourced from the Future Fuels Forum - http://www.csiro.au/science/futurefuelsforum.html such as the report 'Modelling of the future of transport fuels in Australia' (http://www.csiro.au/resources/FuelForThoughtModelling.html)

No comments: