The Albanese Labor Government is committed to supporting new opportunities for our farmers, producers and regional communities and is today launching the National Bioenergy Feedstock Strategy.
The National Bioenergy Feedstock Strategy recognises Australia's comparative advantage in agricultural and forestry systems, the potential to significantly increase the scale of feedstock production to meet growing demand, and the significant economic opportunity for producers and regional Australia.
Australia produces world-class agricultural and forestry commodities, such as canola, sugar and other crops that are already supporting bioenergy production overseas.
As Australia works towards a lower-emissions future, bioenergy - including low carbon liquid fuels - can help reduce emissions, strengthen fuel security and support new economic growth.
Australia's farmers can and should play a key role in securing more home-grown fuel production in Australia and the National Bioenergy Feedstock Strategy will complement the Albanese Labor Government's $1.1 billion Cleaner Fuels Program and the design of market measures to drive demand to make sure they do.
Drawing on significant input from stakeholders across the supply chain, the Strategy provides a shared direction for governments, industry and producers to work together to support sustainable growth of Australia's feedstock industry.
It identifies priority areas for collective action including improving market ready data, supporting innovation, strengthening regional supply chains, building credible sustainability and certification systems, and improving sector capability.
These foundations will support the industry to grow in a way that complements food, fibre and forestry production, maintains community confidence and maximises opportunities for producers and regional communities.