Biofuel may get us out of woods
November 2018
Diesel prices could be fixed for up to 12 months in some parts of New Zealand if technology used to turn wood waste and grass into biofuels is adopted.
The technology needed to make biofuels from wood residues, grasses, and industrial waste is being commercially manufactured in the United States. If adopted here, it could offer some fuel price certainty and open up regional markets for miscanthus, a tall grass used for shade and animal bedding, and forestry industry waste, Miscanthus New Zealand says.