Could New Zealand’s forest be our oilfields?
Put a tree in your tank by Chris Barton – New Zealand Herald.
Could New Zealand’s forest be our oilfields? Business and researchers say it’s a serious prospect, but biofuels face major obstacle, finds Chris Barton.
“But the big news at Kawerau could be a proposed multi-million dollar biofuels investment with Australian company Licella. A likely first stage would involve Norske Skog, with government help, building a test plant, estimated to cost A$50 million. Employing Licella’s patented technology, the plant would transform radiata pine sawdust into 125,000 barrels of bio-crude per year.”
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