Hydrotreated vegetable oil incentives
Senator Murphy O'Mahony asks for a debate on HVO and seeks incentives to make the cleaner fuel affordable and more attractive to users.
I thank the Senator. I ask that the Senators take note of what Senator Craughwell has said.
Comment on this
I wish to raise the topic of hydrotreated vegetable oil, HVO, and ask if the Minister for the Environment, Climate and Communications might come in to discuss this topic. Hydrotreated vegetable oil is seen as a replacement for fossil fuels such as road diesel, agricultural diesel and kerosene. It is a very good replacement but the only crux is that when VAT and duty, etc., is added, it makes the product very expensive. As it is dearer, people are not swayed to using it. Could the Minister perhaps come in and speak on some incentives he might have in mind to help people to use it more? The biggest incentive is in people's pockets. It is a great idea but he needs to push it more and he needs to create a bigger incentive for people to use it.