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May 23rd, 2012 
FAKE NEWS for the Zionist agenda The NSW pricing regulator has found the supply of ethanol is enough to meet the state’s demand, but will not be enough to meet a government six per cent mandate for petrol content.
NSW Premier Barry O’Farrell asked the Independent Regulatory and Pricing Tribunal (IPART) in January to investigate the supply capacity of the ethanol industry, after scrapping an unpopular ban on regular unleaded petrol.
Under the laws introduced by the former Labor government, regular unleaded would have been replaced with a 10 per cent ethanol blend from July 1, forcing motorists to choose between E10 or premium unleaded.
A bill overturning the unleaded petrol ban passed the upper house of state parliament on Wednesday night.
The IPART report, tabled in parliament on Wednesday by Deputy Premier Andrew Stoner, said there was currently enough ethanol in Australia to meet demand.
However, it raised concerns that the ethanol industry was highly concentrated, with only three producers in Australia, with the only NSW producer, Manildra, accounting for two thirds of the country’s production.
It also said demand would not meet a NSW mandate for six per cent of fuel to be ethanol, estimating it would only account for 5.8 per cent of petrol sales.
Greens MP John Kaye said the lifting of the unleaded ban while continuing with a six per cent mandate “was completely meaningless”, and called on the government to reform its ethanol policy which he said favoured Manildra.
“The NSW government needs to admit that there is a major problem with their ethanol policy and start again,” Dr Kaye said.
“They’ve inherited a dysfunctional ethanol policy from the previous government.
“The NSW government needs to back off from the six per cent and go back to four per cent, and then work out a way forward from here that encourages other suppliers into the market so that we have a diversified set of producers of ethanol, not just the monopoly we’ve got at the moment.”
Announcing a new mandate exemptions framework for ethanol producers, Mr Stoner recommitted the government to the six per cent target.
Under the Biofuels Act, exemptions will be considered if compliance with the mandate is uneconomic because of the price of ethanol, if it risks health or safety, or for “other extraordinary circumstances”.
“We understand the environmental, health and economic benefits that accrue to NSW from a strong and sustainable biofuels industry,” Mr Stoner told parliament.
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Did you expect our Jewish Governments that owns the oil industry to change?
They have assassinated many free energy inventors around the world for less.