Biofuel should be cheaper, not more expensive

EDITORIAL

Re: Bennetts wins business leader of year award, December 29 story.

I read in the Gisborne Herald Z Energy chief executive Mike Bennetts’ commercial acumen, leadership style and thinking outside the square makes him the business leader of the year. This has been done by pulling off one of the biggest mergers of the decade as well by mergers of oil companies in New Zealand. I read also that Bennetts through Z Energy is planning a large-scale Biofuel plant to be built in Auckland. I fear the public will be ripped off on what we have to pay for essentials such as petrol at the pump outlets.

In the New Zealand Herald, Mike Bennetts says that he hopes the public will be happy to pay 2 cents more for animal fat produced biofuel than fossil fuel. I must be missing something here, because biofuel is scientifically known to be 15 percent less effective than fossil fuel, which means you have 15 percent less power and travelling range.

I see it that biofuel should be 15 percent less expensive than fossil fuel, not 2 cents per litre dearer than fossil fuel. In rough figures, if petrol costs $2 a litre, 15 percent less would be around 30 cents per litre less, and certainly not the 2 cents more Bennetts hopes for.

I did a personal survey around Gisborne of the costs for petrol. There are discounts of all sorts. However in Kaiti one pump did not display the price. I asked the attendant how much was unleaded petrol. He did not know. So I asked at the desk. They did not know. So I asked the office and after a wait they came up with the dearest petrol in Gisborne. Locals queue there, regardless. And that’s quite sad because they are simply not switched on.

I would like Gisborne radio to declare each day which pump is the cheapest. I would like Consumer New Zealand to investigate why Mike Bennetts wants to charge so much for biofuel when we are all trying to combat global warming. Making the price of biofuel the dearest, in my opinion stinks.

ALAIN JORION

Re: Bennetts wins business leader of year award, December 29 story.

I read in the Gisborne Herald Z Energy chief executive Mike Bennetts’ commercial acumen, leadership style and thinking outside the square makes him the business leader of the year. This has been done by pulling off one of the biggest mergers of the decade as well by mergers of oil companies in New Zealand. I read also that Bennetts through Z Energy is planning a large-scale Biofuel plant to be built in Auckland. I fear the public will be ripped off on what we have to pay for essentials such as petrol at the pump outlets.

In the New Zealand Herald, Mike Bennetts says that he hopes the public will be happy to pay 2 cents more for animal fat produced biofuel than fossil fuel. I must be missing something here, because biofuel is scientifically known to be 15 percent less effective than fossil fuel, which means you have 15 percent less power and travelling range.

I see it that biofuel should be 15 percent less expensive than fossil fuel, not 2 cents per litre dearer than fossil fuel. In rough figures, if petrol costs $2 a litre, 15 percent less would be around 30 cents per litre less, and certainly not the 2 cents more Bennetts hopes for.

I did a personal survey around Gisborne of the costs for petrol. There are discounts of all sorts. However in Kaiti one pump did not display the price. I asked the attendant how much was unleaded petrol. He did not know. So I asked at the desk. They did not know. So I asked the office and after a wait they came up with the dearest petrol in Gisborne. Locals queue there, regardless. And that’s quite sad because they are simply not switched on.

I would like Gisborne radio to declare each day which pump is the cheapest. I would like Consumer New Zealand to investigate why Mike Bennetts wants to charge so much for biofuel when we are all trying to combat global warming. Making the price of biofuel the dearest, in my opinion stinks.

ALAIN JORION

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