Tallow too pricey for australian biofuel group

Tallow, a kind of animal fat, is too pricey for an Australian biofuels group, which has decided to mothball at least one plant. The Australian Biodiesel Group (ABG) made an announcement to the Australian Stock Exchange yesterday ABG listing a series of measures it is taking to limit financial loss. These include selling off non-core assets, reducing headcount and mothballing factories.
I got the news from Envirofuel – Sustainable transport for Australia, and I quite like that blog’s analysis of the situation because it explicitly shows how much of the biofuels industry relies on legislation for its existence and because for the business to be viable it needs access to consumers. It looks like that didn’t happen .
That is one risk that business cannot easily reduce because countries and parliaments do what they like..

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