Biofuels experts gather in Brisbane

Premier Annastacia Palaszczuk has told a gathering of more than 150 industry and research representatives that biofuels represents the “sweet spot” for Queensland’s knowledge-based industries to support job creation.

The Premier was addressing the United States Navy Biofutures Forum in Brisbane.

“Events like this put Queensland in the box seat to supply the US Pacific fleet with advanced ‘drop-in’ fuels and for Queensland to become a hub – perhaps the hub – for biofuels in the Asia-Pacific,” said Premier Palaszczuk.

“The US Navy’s Great Green Fleet initiative seeks to source 50 per cent of the total operational energy consumption from alternative energy sources by 2020.

“We have committed to fully explore the role Queensland can play in helping the US Navy meet its future energy needs and this vision for the Great Green Fleet.”

The Forum provides an opportunity for key stakeholders in the Biofutures field to gather and collaborate on addressing the opportunities and challenges the industry faces.

“The US Navy is, in effect, the anchor tenant in Queensland’s move to a biofuels future,” said the Premier.

“While the Navy’s role is vital, it is just the start, and it is very pleasing to see representatives from Virgin Australia and Qantas address attendees at the forum today.

“Our collaboration with the US Navy is looking to produce fuel for jets as well as ships, and this represents an important opportunity for Queensland’s well-developed aviation industry to take part.

The Premier said new opportunities to ‘value add’ from the biofuels process are also beginning to emerge.

“My government has recently entered an agreement with US biotechnology company Amyris, who plan to develop a hub in regional Queensland to develop nutraceutical products including high-end skin care offerings for the Asian market,” said the Premier.

“That a process to convert sugar cane into jet fuel can then create cosmetics as a by-product is a great demonstration of what this industry can offer Queensland.

“It brings together our strengths in agriculture, technology, and a well-educated and highly-skilled workforce.”

The US Navy Biofutures Forum concludes tomorrow.

MEDIA CONTACT: 3719 7023 or premiers.media@ministerial.qld.gov.au