Queensland becomes first government in the world to sign below50 agreement

In Australia, the Queensland Renewable Fuels Association (QRFA) and the World Business Council on Sustainable Development (WBCSD) welcomed the Queensland Government’s signing of the below50 campaign at Parliament House in Brisbane. The Queensland Government were the first jurisdiction in the World to sign on to the low-carbon emissions initiative, highlighting their commitment to a more sustainable fuel industry for the State.

below50 is a global campaign of WBCSD promoting the production and implementation of fuels which produce 50% less CO2 emissions compared to traditional fossil fuels.

Coupled with the biofuel mandate, the move further promotes the State’s biofuels industry, looking to capitalize on a gap in the Asia-Pacific to make Queensland a regional biofuels hub.

As the regional hub host of below50 Australia, QRFA have been driving a low-carbon fuel economy and promoting further uptake of sustainable fuels for the State and Australia.

QRFA Managing Director Larissa Rose, said, “Queensland is in prime position to become a world leader in renewable and biofuels, with its large agriculture sector, its proximity to Asia, and possessing State Government backing.”