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The Government's forging ahead with a plan to force petrol retailers to blend biofuels into conventional fuel. It's expected to push petrol and diesel prices up by 5 to 10 cents a litre by 2025. Gull General Manager Dave Bodger says the company has put ten per cent ethanol into its premium petrol for nearly 15 years. He told Mike Hosking it means the internal combustion engine keeps running and we emit less carbon. “The thing is that biofuel’s forever. It costs more than mineral fuel, therefore people need either a subsidy or compulsion to use them.” Bodger says Gull receives an excise exemption on ethanol. Energy Minister Megan Woods says consultation on the shape of the mandate finished last year. The most recent starting date given is April next year. LISTEN ABOVESee omnystudio.com/listener for privacy information. |