Lyn Allison (Victoria, Australian Democrats) Share this | Hansard source

That is my understanding of it too, but now if you compare 100 per cent biodiesel with diesel, for diesel there is a fuel tax credit, which is 18c a litre, compared with a biodiesel Energy Grants Credit Scheme rebate, which is only 14.8c a litre, and that 14.8c a litre progressively decreases to zero by 2010. That is precisely the problem: diesel goes on getting 18c a litre, but the Energy Grants Credit Scheme is an ever-decreasing amount. That is what gives biodiesel the great disadvantage.