Category: Holden News
Posted: 15.07.2008 15:00
Holden have confirmed that even though there is only one E85 service station in Australia at present, they will be bringing out the E85 compatible Commodore sooner than you think.
This becomes almost a chicken-and-egg scenario and we intend to do the same thing in Australia, which is lead with equipment on the car, driving both the societal awareness of renewable fuels and the application of the supply base for them, Mr Reuss said.
Mark Reuss, Holdens managing director is confident once the E85 compatible cars start to flood the markets the bowsers will start to open.
The benefits of ethanol are huge, it is a comparatively clean-burning renewable fuel and it requires a very small cost to modify existing technology.
I think it is our responsibility as an auto industry and as a company to lead this, he said.
If we wait until we have $8 a litre gasoline and we wait until bad things happen to respond, that is a pretty poor place to be. We owe the society, the economy and our customers a lot more than that as an industry and a company.
New technology is being developed that will see ethanol being produced from waste rather than fresh new food crops according to Biofuels Association of Australia chief executive Bruce Harrison.
In Australia, one of my members is currently growing algae (to make ethanol) and the commercialization process has begun down here in Victoria, Mr Harrison said.